Egypt’s FRA approves licences for eight companies

Egypt’s Financial Regulatory Authority has granted licences to eight companies operating in non-banking financial sectors.

The approvals cover activities such as portfolio management, venture capital, securities underwriting, healthcare management and consumer finance.

Beltone Asset Management and Lantis received permission for portfolio management, securities underwriting and investment fund management. Business Community Financial Investments was licensed for venture capital activities.

Al Salem Holding and Amgad Holding gained approval to participate in securities issuance and capital increases. SAFE was authorised for securities underwriting and real estate investment fund management.

Med Mark TPA obtained a temporary licence to run healthcare management programmes under the Unified Insurance Law. Malaz Capital was granted a consumer finance licence based on an application submitted before new restrictions took effect in February.

Makala yanayohusiana

The Financial Regulatory Authority approved 13 companies to engage in non-bank financial activities on June 23, 2026. The move aims to boost sector competitiveness and expand access to services.

Imeripotiwa na AI

Egypt's Financial Regulatory Authority (FRA) has granted temporary operating licences to six healthcare third-party administrator (TPA) companies as it enforces the new Unified Insurance Law. FRA Chairperson Islam Azzam announced this during an extended meeting with TPA representatives and authority leaders.

Egypt's Financial Regulatory Authority (FRA) has issued Decision No. 54 of 2026, outlining conditions and procedures for registering and practicing risk assessment and loss inspection experts. The decision completes the legislative framework for the insurance sector under the Unified Insurance Law No. 155 of 2024. FRA chair Islam Azzam stated it ensures professional standards and bolsters market confidence.

Imeripotiwa na AI

The Egyptian government has confirmed plans to list four Armed Forces-affiliated companies on the Egyptian Exchange during a Wednesday meeting chaired by Prime Minister Mostafa Madbouly.

Egypt's Minister of Industry Khaled Hashem has issued a new decision regulating the licensing of industrial activities outside officially designated zones. The rules aim to strengthen oversight while streamlining procedures for investors and will be published in the Egyptian Gazette, taking effect the day after.

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