Egypt’s FRA approves licences for eight companies

23 Mwezi wa tano, 2026

Imeripotiwa na AI

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

Egypt's FRA grants temporary licences to six healthcare TPAs

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.

FRA approves Egypt's first private equity fund for agriculture

7 Mwezi wa tatu, 2026 Imeripotiwa na AI

The Financial Regulatory Authority (FRA) has approved the establishment of Al Ahly Green Agricultural Investment Fund Company, marking it as the first private equity fund in the Egyptian market dedicated to agricultural investments. The fund may also engage in venture capital activities. The approval came from the Committee for the Establishment and Licensing of Companies under the authority's supervision, as part of efforts to expand investment funds.

Afrika

Egypt appoints Islam Azzam as acting head of non-banking financial regulator

Afrika

FRA chief highlights potential to advance Egypt’s arbitration framework

Afrika

FRA chair highlights financial literacy as strategic investment at university visit

FRA issues rules for registration of risk assessment experts

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.

Egypt temporarily lists six state-owned firms on EGX under IPO programme

8 Mwezi wa nne, 2026 Imeripotiwa na AI

Egypt has temporarily listed six state-owned companies on the Egyptian Exchange (EGX) to accelerate its initial public offering (IPO) programme and boost private sector participation. The firms include two subsidiaries of the Chemical Industries Holding Company and four from the Metallurgical Industries Holding Company. The listing ceremony was attended by Financial Regulatory Authority Chairperson Islam Azzam, Prime Minister Assistant Hashem El-Sayed, and EGX Deputy Chairperson Mohamed Sabry.

Afrika