Nano finance is thus one way of supporting certain segments of society, such as women and youth, to become a productive social power, Omran said in a statement Sunday.
Omran said that this precautionary measure is taken in line with the state measures to curb the spread of coronavirus.
Those who have complaints can send them to the authority via email "Complaints@fra.gov.eg", he said.
Omran said the value of securities issued at primary market stood at over LE 220 billion.
He expressed satisfaction over the development in non-banking activities, noting the noticeable rise in the value of issued securities to exceed LE 1 trillion.
Rameda said that trading will be made in two tranches and will be priced at LE 4.66 per share.
Omran added that the authority offers a 50-percent discount on examining and studying green bond issuance to encourage organizations and investors to invest in it.
Omran clarified during a conference to announce the issuance of the first short-term securitization for payment of Premium Card that the biggest challenge is offering green bonds.
Omran added Wednesday that, as a part of this program, FRA agreed to issue two short-term securitization bonds for Premium International for credit services.
The volume of real estate financing rose to LE 12 billion in the first six months of this year, compared with LE 10.7 billion in December of 2018.
He said the financial centers in Africa have a good opportunity to transfer African countries into global green financial hubs once funds are provided.
Omran's remarks were made at the end of International Organization of Securities Commissions (IOSCO) meetings held in Russia's Saint Petersburg city.
The new law takes into consideration the Egyptian experiment over the past five years as far as funding of micro-sized projects is concerned, Omran said in a statement Sunday.
Moody's Investors Service had expected Egypt to become one of the Islamic sukuk issuers during 2019.
The FC4S Network is the global platform for financial center action on green and sustainable finance.
It is an important step that was late for more than 10 years, said Omran in an FRA statement Monday, adding it would help solve problems related to expensive management and forged documents of some insurance companies.
The board also set the key rules for any company or authority seeking to issue short-term bonds.
The authority's chairman Mohamed Omran welcomed the award granted by Africa Investor.
In a released statement by the Authority, he added that the rules were published on the Authority's website to be available for dealers on the money market.
The workshop is meant to also improve transparency and counter-corruption levels, better manage risks, and stabilize the financial system, Omran said.