FRA
The sector recorded strong growth rates reflecting rising investor appetite for funds as one of the key investment vehicles in the Egyptian market.
The system enables electronic verification of personal data without the need for physical documentation.
Equity issuances accounted for LE 17.6 billion, while other securities issues totaled around LE 0.5 billion.
The FRA also raised the maximum insurance coverage for micro-projects to LE 390,000, up from LE 312,500, to better protect entrepreneurs against business risks.
The new deadline is now June 2026.
he Financial Regulatory Authority (FRA) has authorized two mandatory tender offers (MTOs), allowing Wafa Assurance and Raya Holding to move forward with their acquisition proposals
The FRA noted a growing number of online ads and social media posts that entice citizens to commit funds to ventures lacking the necessary licenses.
Both offerings will be conducted through private placements, targeting financial institutions and high-net-worth investors.
The Financial Regulatory Authority (FRA) has approved two new projects to register on the voluntary carbon market (AFRICARBONex).
The changes are part of the FRA’s ongoing efforts to support financial sustainability and enhance access to funding.
The Financial Regulatory Authority (FRA) has unveiled new regulations governing the investment allocations of insurance and reinsurance companies. The move is part of broader efforts to enhance financial stability and optimize investment efficiency in the sector.
Funds operating defined benefit pension plans are now allowed to invest up to 10 percent of their total assets in metal-related financial instruments traded on the Egyptian Exchange (EGX).
This replaces the previous fiscal year, which began on July 1. The new regulations are within the FRA's efforts to implement guidelines outlined in the Unified Insurance Law, which came into effect in July 2024.
The voluntary carbon market is a system that allows businesses, organizations, and individuals to voluntarily buy and sell carbon credits to offset their greenhouse gas emissions.
Consumer financing totaled LE 47.4 billion, factoring operations amounted to LE 55.8 billion, and real estate financing reached LE 20.9 billion.
The license enables oliv to offer fully digital factoring and reverse factoring services to Egyptian businesses, a move that could revolutionize access to working capital for the country’s SMEs.
Consumer financing involves providing funds for purchasing goods and services for personal use, with repayment terms spanning at least six months.
The sandbox seeks to support startups offering smart digital solutions, making it easier for them to enter the financial market while enhancing the regulatory framework for fintech.
He reaffirmed the FRA’s dedication to creating a supportive regulatory environment and advancing innovative solutions in line with Egypt’s Vision 2030.
With this approval, Beltone, in collaboration with its partner CRIF — an international leader in credit and business information analytics — will establish Egypt’s second credit rating agency.
