Tag: FRA

FRA checks compliance of Sarwa’s new sukuk issuance with Sharia

Issuance to comprise 25m sukuk at nominal price of EGP 100 per…

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FRA issues controls for licensing SME finance companies

Under establishment SME finance companies shall have issued and paid-up capital of…

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FRA allows resumption of CIB shares trading on EGX

The FRA had requested suspension of CIB shares trading before the start…

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Private insurance fund investments increase 2% to EGP 1.03bn in August: FRA

Total of EGP 6.9bn in investments made to insurance funds in first…

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FRA approves HeidelbergCement’s MTO for acquisition of Suez Cement

The FRA also approved a MTO submitted by Suez Cement, which is…

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FRA amends Microfinance Law to include SME financing

Omran said that through the Law No. 201 of 2020, the authority…

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FRA directs insurers to set up reserve against EAS 47 application risks

The reserve shall be 1% of a company’s total assets and allocated…

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FRA amends financial solvency standards to mortgage finance companies

The amendment covers the issuance of a regulatory procedure to adjust mortgage…

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FRA reduces fees for SME examination, study services by 50%

The discount will be applied in a range of circumstances when SMEs…

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FRA increases maximum allowed residential real estate financing

FRA approves proposal for real estate finance companies to establish guarantee registry

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