}

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valU receives FRA nod to launch dedicated SME financing arm

valU is expanding its operations into the small and medium enterprises (SME) financing market after securing approval from the Financial Regulatory Authority (FRA) to establish a dedicated financing business targeting the sector.

Updated 5/10/2026 7:41:00 AM
FRA signs cooperation protocols to develop non-banking financial sector workforce

Chairman of the Financial Regulatory Authority (FRA) Islam Azzam witnessed the signing of several cooperation protocols aimed at developing human capital in the non-banking financial sector, as part of the authority’s strategy to support market growth and efficiency.

Updated 4/29/2026 12:01:00 PM
FRA approves prospectus for Nasr Civil Works to raise capital via bonus shares

The Financial Regulatory Authority (FRA) approved increasing the issued and paid-up capital of Nasr Company for Civil Works to EGP 252 million from EGP 210 million

Updated 4/28/2026 11:10:00 AM
FRA approves 9 companies to expand non-bank financial services

Egypt’s Financial Regulatory Authority (FRA) has approved nine companies to operate in non-banking financial activities, in a move aimed at broadening access to financial services and supporting market stability and investment attractiveness.

Updated 4/22/2026 4:37:00 AM
FRA’s Islam Azzam chairs IOSCO emerging markets committee for 2026–2028

Egypt, represented by the Chairman of the Financial Regulatory Authority (FRA) Islam Azzam, has secured the chairmanship of the Growth and Emerging Markets Committee (GEMC) at the International Organization of Securities Commissions (IOSCO) for the 2026–2028 term, reinforcing the country’s position within the global financial regulatory landscape.

Updated 4/22/2026 4:34:00 AM
Fawry obtains FRA nod to incorporate Fawry for Microinsurance

Fawry for Banking Technology and Electronic Payment has obtained approval from the Financial Regulatory Authority (FRA) to incorporate Fawry for Microinsurance.

Updated 4/20/2026 10:42:00 AM
FRA approves MM Group's EGM to consider capital increase

The Financial Regulatory Authority (FRA) approved for MM Group for Industry and International Trade (MTI) to hold its extraordinary general meeting (EGM) to discuss its board's proposal on increasing the company's issued and paid-up capital.

Updated 4/19/2026 1:32:00 PM
FRA signs cooperation protocol with AAMBFS to develop human capital in non-banking financial sector

The Financial Regulatory Authority (FRA) has signed a cooperation protocol with the Arab Academy for Management, Banking, and Financial Sciences (AAMBFS) to enhance investment in human capital and support the development of the non-banking financial sector.

Updated 4/19/2026 3:19:00 AM
FRA greenlights Alexandria Medical Center’s capital raise

The Financial Regulatory Authority (FRA) approved increasing the issued and paid-up capital of Alexandria New Medical Center to EGP 244.581 million from EGP 124.581 million

Updated 4/15/2026 10:24:00 AM
Gold investment funds’ assets reach EGP 9.28B by March 2026

The Financial Regulatory Authority (FRA) said that total net asset value of gold investment funds in Egypt reached EGP 9.28 billion by the end of March 2026, spread across approximately 289,000 accounts.

Updated 4/14/2026 2:33:00 PM
EGX approves temporary listing of 6 state-owned companies

The Listing Committee of the Egyptian Exchange (EGX) has approved the temporary listing of six state-owned companies for six months.

Updated 4/8/2026 1:16:00 PM
FRA reviews stake acquisition offer for 20% of Spinalex’s shares

The Financial Regulatory Authority (FRA) announced a voluntary tender offer, submitted by a consortium comprised of New Construction Chemical and ESCOM Company, to acquire a significant stake in Alexandria Spinning and Weaving Company (Spinalex)

Updated 4/5/2026 12:10:00 PM
Investment Ministry, TSFE advance plans for startup-focused SPAC to finance VC investments

Minister of Investment and Foreign Trade Mohamed Farid and the Sovereign Fund of Egypt (TSFE) followed up on the procedures for establishing a special purpose acquisition company (SPAC) seeking to invest in venture capital (VC).

Updated 4/1/2026 5:45:00 AM
FRA grants 10 companies license to operate in non-banking financial activities

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
FRA reviews Al Baraka Bank Egypt MTO for major stake in A.T. Lease

The Financial Regulatory Authority (FRA) is currently reviewing a mandatory tender offer (MTO) proposal by Al Baraka Bank Egypt to acquire a stake in Al Tawfeek Leasing Company (A.T. LEASE).

Updated 3/26/2026 10:21:00 AM
El-Sisi names Islam Azzam as FRA Chairman

President Abdel Fattah El-Sisi has issued presidential decree No.116 of 2026, appointing Islam Azzam as the acting Chairman of the Board of Directors of the Financial Regulatory Authority (FRA).

Updated 3/10/2026 6:37:00 AM
Granite Financial gets FRA's nod to launch USD-denominated fixed-income fund

Granite Financial Holding, a digitally-enabled asset management company, has obtained the Financial Regulatory Authority's (FRA) approval to launch a new USD-denominated fixed income fund.

Updated 3/9/2026 1:24:00 PM
FRA approves 1st agriculture-focused private equity fund

The Financial Regulatory Authority (FRA) approved the establishment of Al Ahly Green Agricultural Investment Fund, the first private equity fund specialized in agricultural investment in the Egyptian market.

Updated 3/8/2026 12:13:00 AM
Madbouly appoints Hamdi Badawi as assistant to FRA head

Prime Minister Mostafa Madbouly has issued Decree No. 443 of 2026 appointing Hamdi Mahmoud Badawi as Assistant to the Head of the Financial Regulatory Authority (FRA).

Updated 2/17/2026 2:18:00 PM
FRA greenlights Nozha International Hospital’s capital increase

The Financial Regulatory Authority (FRA) approved increasing the issued and paid-up capital of Nozha International Hospital to EGP 300 million from EGP 242 million.

Updated 2/17/2026 12:30:00 PM