Tag: Financial Regulatory Authority

Microfinance balances increase to EGP 13.79bn end-June: FRA

Funding increased by EGP 4.04bn in a year, clients up 14.1%

Hossam Mounir Hossam Mounir

Broker Care Insurance Brokerage targets EGP 20m premiums in FY 2020

Broker Care obtained the operating license from the FRA on 7 July,…

Nehal Samir Nehal Samir

HC starts utilising short selling mechanism

Egyptian market moving toward competing with its counterparts in world's money markets:…

Hossam Mounir Hossam Mounir

Acumen sues FRA for EGP 20m over damages to brand reputation

The company demanded a compensation of EGP 20m for damages suffered as…

Daily News Egypt Daily News Egypt

Value of mortgage finance drops to EGP 440.7m during Q1 2019

The report pointed out the acquisition by investors according to monthly income…

Shaimaa Al-Aees Shaimaa Al-Aees

FRA considers new amendments to short selling controls

Proposed amendments include offering shares for borrowing through MCDR

Alyaa Stohy Alyaa Stohy

Consumer financing activity under control

Activities worth EGP 70bn to experience first legislative framework ever

Doaa A. Moneam Doaa A. Moneam

Total activities of micro finance portfolio reach value of EGP11.5bn in 2018: FRA

FRA chairperson praised vital role played by stakeholders operating in micro finance

Daily News Egypt Daily News Egypt

Insurance companies’ net investments see 16.1% increase in FY 2017/18

Value of investments in private insurance funds reaches EGP 70 bn during…

Nehal Samir Nehal Samir

FRA approves draft law to regulate consumer credit activities

Only companies licensed by FRA, with capital of EGP 10m or more…

Daily News Egypt Daily News Egypt