Prime Minister Mostafa Madbouly approved implementing the new Egyptian standards, proposed by the Financial Regulatory Authority (FRA), for auditing and financial review and regulating oversight of non-banking financial markets and instruments.
Updated 11/3/2025 7:30:00 AMMohamed Abdel Fattah, legal advisor to Juhayna Food Industries, affirmed that the right to run for a board membership is not absolute in accordance with Law No. 159 of 1981.
Updated 10/30/2025 9:16:00 AMThe board of Rekaz Financial Holding approved the acquisition of 95.5% of the shares of Luxor Securities Brokerage Co.
Updated 10/26/2025 12:31:00 PM
The Financial Regulatory Authority (FRA) has extended the suspension of incorporation applications and preliminary approvals for companies seeking licenses to operate in microfinance or traditional consumer finance, as per a statement.
Updated 10/22/2025 2:49:00 AM
Entities regulated by the Financial Regulatory Authority (FRA) provided a total of EGP 851.4 billion in financing between January and the end of August 2025, according to the authority’s recent report covering capital market and non-banking financial activities.
Updated 10/21/2025 2:42:00 AMThe Financial Regulatory Authority (FRA) has rejected an offer submitted by UAE-based Sagasse Investment to fully acquire Elsewedy Electric Company
Updated 10/20/2025 1:14:00 AMThe total financing granted by entities subject to the Financial Regulatory Authority's (FRA) oversight, including capital market and non-banking financing activities, hit EGP 773 billion during the period from January to July 2025.
Updated 10/2/2025 11:46:00 AMWafa Insurance Company, a 63.39%-owned subsidiary of Egypt Kuwait Holding Company (EKH), submitted a mandatory tender offer (MTO) to fully acquire Delta Insurance Company, with a minimum execution of 51% of the shares.
Updated 9/28/2025 11:13:00 AMThe Financial Regulatory Authority (FRA) approved a mandatory tender offer (MTO)issued by Raya Holding for Financial Investments to acquire 90% of Raya Customer Experience’s share capital
Updated 9/28/2025 10:29:00 AM
Egyptian Housing Finance Company, a 99.99% owned subsidiary of Credit Agricole Egypt, has acquired 100% of shares in Just Finance S.A.E.
Updated 9/23/2025 9:55:00 AMMENA-focused Sharia-compliant digital savings and investment platform Bokra has relaunched its mobile application to introduce a wide range of enhanced features for both individuals and enterprises
Updated 9/7/2025 1:22:00 AMThe Financial Regulatory Authority (FRA) granted approvals for eight companies to establish new real estate investment funds and licenses to operate in investment funds and non-banking financial activities.
Updated 9/2/2025 9:39:00 AM
PALM, Egypt’s first incentivized goal-based investment platform, has officially launched following the completion of its pre-seed funding round led by 4DX Ventures, with participation from Plus VC and a group of global angel investors, as per an emailed press release.
Updated 8/27/2025 10:58:00 AM
The Financial Regulatory Authority (FRA) reported that total financing granted by entities under its supervision reached EGP 640.1 billion at the end of June 2025.
Updated 8/14/2025 9:26:00 AM
The Financial Regulatory Authority (FRA) has issued new solvency standards for companies and entities operating in non-banking financing activities, aligning them for the first time with the international Basel III framework, as per a statement.
Updated 8/14/2025 1:01:00 AM
The Financial Regulatory Authority (FRA) has issued decisions for six companies, granting new licenses for company establishment, investment fund activities, and the formation of a factoring company.
Updated 8/11/2025 5:43:00 AM
Egyptian President Abdel Fattah El-Sisi has issued presidential decree No. 421 of 2025, renewing the appointment of Mohamed Farid Saleh as the acting chairman of the Financial Regulatory Authority (FRA) for one year, effective Thursday, August 7th, 2025, as per a statement.
Updated 8/10/2025 5:59:00 AMThe Financial Regulatory Authority (FRA) has issued Decision No. 125 of 2025 to introduce rules, set for the first time, for establishing digital platforms planning to invest in real estate investment fund (REIF) certificates.
Updated 8/7/2025 7:59:00 AMThe board of the Financial Regulatory Authority (FRA), headed by Mohamed Farid, issued Decision No. (148) of 2025 regarding new standards for financial solvency required at insurance and reinsurance companies.
Updated 8/5/2025 12:59:00 PMThe Financial Regulatory Authority (FRA) licensed four companies to operate within non-banking financial business and investment fund activities.
Updated 7/29/2025 2:02:00 AM