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…
FRA approves HeidelbergCement’s MTO for acquisition of Suez Cement
The FRA also approved a MTO submitted by Suez Cement, which is…
FRA amends Microfinance Law to include SME financing
Omran said that through the Law No. 201 of 2020, the authority…
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…
FRA amends financial solvency standards to mortgage finance companies
The amendment covers the issuance of a regulatory procedure to adjust mortgage…
FRA reduces fees for SME examination, study services by 50%
The discount will be applied in a range of circumstances when SMEs…
FRA increases maximum allowed residential real estate financing
FRA approves proposal for real estate finance companies to establish guarantee registry
FRA approves draft law regulating fintech in non-banking financial activities
FRA Chairperson Mohamed Omran said that the approval will support the Egyptian…
FRA studies IMEX International acquisition offer of Nile Cotton Ginning
In late August, IMEX International submitted a compulsory purchase offer on up…
FRA approves Wafa Life Insurance Egypt’s licence for life, health insurance
Egyptian market operations boasts EGP 150m in shareholder equity