Commercial International Bank (CIB) has received preliminary approval from the Central Bank of Egypt (CBE) to establish yomo, a digital bank backed by a $300 million investment.
Updated 39m3h
The General Organization for Export and Import Control (GOEIC) and Property Finder Egypt signed a cooperation protocol to qualify real estate brokers for professional licenses and strengthen compliance with regulations governing the sector.
Updated 8/19/2026 8:51:00 AM
Riyadh-based precious metals company Saudi Gold Refinery Co. has applied for gold exploration licenses in Egypt’s Eastern Desert and aims to begin production before 2030.
Updated 8/19/2026 1:36:00 AM
The Financial Regulatory Authority (FRA) approved Digital Banker for Consumer Finance-Waiyak and CFH Asset Management to conduct non-banking financial activities using financial technology (fintech).
Updated 8/17/2026 10:57:00 AMThe Financial Regulatory Authority (FRA) has initiated procedures to revoke two licenses held by Tycoon Holding Company, previously known as Alexandria National Company for Financial Investment, after the company failed to address regulatory violations within a one-month deadline.
Updated 8/9/2026 12:40:00 PM
The Financial Regulatory Authority (FRA) has approved 13 companies to undertake a range of non-banking financial activities as part of efforts to strengthen the competitiveness of sectors under its supervision, attract investment, and expand access to financial services.
Updated 6/23/2026 1:07:00 PM
Fawry for Banking Technology and Electronic Payment has obtained a third-party administrator (TPA) license in Egypt through its subsidiary Treemed TPA.
Updated 5/10/2026 9:50:00 AM
Cairo Governor Ibrahim Saber announced a decision to ban the issuance of new licenses for cafés and restaurants in the districts of Heliopolis, Maadi, Zamalek, and Garden City, while maintaining licenses for existing establishments.
Updated 4/29/2026 7:59:00 AM
Islam Azzam, the Chairman of the Financial Regulatory Authority (FRA), approved granting licenses to 10 companies in non-banking financial activities to conduct a number of activities under the authority's supervision
Updated 3/29/2026 3:17:00 PM
The Financial Regulatory Authority (FRA) has approved licenses for three companies to conduct brokerage activities in futures contracts and operate a real estate investment fund.
Updated 2/5/2026 5:13:00 AM
Orion Consumer Finance, operating under the marketing name “algo,” has received approval from the Financial Regulatory Authority (FRA) to operate in Egypt’s consumer finance sector, after meeting all regulatory requirements set by the authority.
Updated 1/20/2026 8:41:00 AM
The Mineral Resources and Mining Industries Authority (EMRA) has approved the issuance and renewal of 53 licenses for mineral exploration and exploitation during the fourth quarter (Q4) of 2025.
Updated 1/11/2026 12:16:00 PM
Egypt’s Financial Regulatory Authority (FRA) has approved the establishment and licensing of seven companies to operate across real estate investment funds, factoring, real estate finance, leasing, underwriting, and custodian services, expanding activity in the non-banking financial sector.
Updated 12/30/2025 7:41:00 AM
The Financial Regulatory Authority (FRA) has approved the establishment and licensing of six new companies to operate across real estate investment funds, factoring, investment fund management, and real estate finance.
Updated 12/17/2025 2:19:00 PM
Fawry for Banking Technology and Electronic Payment has set up Fawry Holding for Financial Investments, with an authorized capital of EGP 50 million and a paid-up capital of EGP 5 million
Updated 11/30/2025 10:55:00 AM
BARQ Systems, a regional leader in IT and cybersecurity solutions, has officially obtained accreditation from the National Telecommunications Regulatory Authority of Egypt (NTRA).
Updated 10/30/2025 9:59:00 AM
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
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
Arab Finance, Egypt’s oldest news platform dedicated to the stock market, has officially received its license from the Supreme Council for Media Regulation.
Updated 8/13/2025 11:20:00 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