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Egypt launches online service for building license applications in new cities

Egypt has launched an online service for submitting building license applications in new cities, Minister of Housing, Utilities, and Urban Communities.

Updated 12/25/2024 8:41:00 AM
FRA licenses Standard Chartered to operate as custodian bank

The Financial Regulatory Authority (FRA) has granted Standard Chartered a license to operate as a custodian bank.

Updated 10/28/2024 8:12:00 AM
I-Score-S&P consortium about to win credit rating license in Egypt

A consortium made up of the Egyptian credit bureau I-Score and S&P Global Ratings is nearly ready to obtain a second credit rating license in Egypt.

Updated 10/20/2024 12:38:00 PM
FRA grants GB Capital license to offer promotion, underwriting services

GB Capital for Financial Investments, the financial arm of GB Corp, has obtained a license from the Financial Regulatory Authority (FRA) for the promotion and underwriting of securities as part of its expansion efforts.

Updated 10/14/2024 10:39:00 AM
FRA suspends issuance of consumer finance, microfinance licenses for 1 year

The Financial Regulatory Authority (FRA) has decided to suspend issuing new licenses for companies seeking to engage in consumer finance or microfinance for one renewable year starting October 11th.

Updated 10/14/2024 8:19:00 AM
Egypt's telecom giants to sign 5G service agreement today

Three major mobile network operators in Egypt, namely Vodafone Egypt, Orange, and e& Egypt, are expected to sign an agreement on October 7th to introduce fifth-generation (5G) services.

Updated 10/7/2024 9:36:00 AM
Tourism Minister revokes licenses of 36 travel agencies for violating Hajj laws

Minister of Tourism and Antiquities Sherif Fathy has issued several ministerial decrees revoking the licenses of 36 travel agencies that violated the laws regulating the Hajj and Umrah trips.

Updated 8/27/2024 2:13:00 AM
Beltone Holding secures SME finance license from FRA

Beltone Holding has received final approval from the Financial Regulatory Authority (FRA) for its small and medium enterprises (SMEs) finance license.

Updated 8/7/2024 9:32:00 AM
Acumen Securities seeks to get Robo-Advisor license from FRA

Acumen Securities Brokerage is planning to obtain a Robo-Advisor license from the Financial Regulatory Authority (FRA) before the end of 2024.

Updated 8/6/2024 8:31:00 AM
FRA licenses Azimut’s digital platform for investment funds, portfolios

Azimut Egypt has obtained a license from the Financial Regulatory Authority (FRA) to launch its digital platform for investment funds and portfolios.

Updated 7/7/2024 8:07:00 AM
Sahl eyes launching digital bank in Egypt

Cairo-based fintech start-up Sahl is probing obtaining a license for launching a digital bank in Egypt.

Updated 6/23/2024 9:59:00 AM
FRA authorizes Noqood Holding’s subsidary to finance SMEs

Noqood Finance, a subsidiary of Noqood Holding, has obtained the final license to engage in financing small and medium-sized enterprises (SMEs) from the Financial Regulatory Authority (FRA).

Updated 5/23/2024 11:12:00 AM
Government to announce criteria for licensing private free zones soon

The Egyptian government will announce soon the new criteria required to be met for licensing the private free zones, CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba stated,

Updated 4/29/2024 8:50:00 AM
EFG Holding’s arm seeks licenses for digital contracts, ID services in 2024

EFG Finance, a subsidiary of subsidiary of EFG Holding, is seeking to obtain licenses to provide the services of digital contracts and digital identity (ID) for non-banking financial activities within 2024.

Updated 1/29/2024 7:30:00 AM
Thndr acquires research license for enhanced investment recommendations

Thndr Securities Brokerage, a Cairo-based digital investing platform, has secured a research license that will elevate its client services through its sister brand, Rumble, as per an emailed press release.

Updated 1/23/2024 9:52:00 AM
FRA licenses ADIB’s ADI MicroFinance to launch 13 branches in Egypt

The Egyptian Financial Regulatory Authority (FRA) has granted ADI MicroFinance (Arzaq), a subsidiary of Abu Dhabi Islamic Bank (ADIB), license to launch its first 13 branches in Egypt.

Updated 1/22/2024 11:49:00 AM
Egypt to unveil winner of securities evaluation license before end-2023

Egypt is set to announce the winner of the securities evaluation, classification, and arrangement activity license before the end of next December.

Updated 11/26/2023 1:02:00 AM
3 local consortia compete for obtaining securities evaluation license in Egypt

Three consortia of local firms, in cooperation with international institutions, are competing to obtain securities evaluation, classification, and arrangement activity license in Egypt.

Updated 11/23/2023 7:14:00 AM
Anticipated 5G network licenses to operate in Egypt at 2.6 GHz frequency

Licenses for the fifth generation (5G) mobile communication networks in Egypt will be issued without new frequencies.

Updated 10/26/2023 9:03:00 AM
Egypt plans to issue 5G network licenses in December

The Egyptian government is planning to issue licenses on the operation of the fifth generation (5G) mobile communication networks in December.

Updated 10/19/2023 9:06:00 AM