Latest in Tag: FRA Highlight
Latest in Tag: FRA
Consumer financing activity under control
Activities worth EGP 70bn to experience first legislative framework ever
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
Insurance companies’ net investments see 16.1% increase in FY 2017/18
Value of investments in private insurance funds reaches EGP 70 bn during last year
Investment portfolio of insurance companies in Egypt rose to EGP 99.3bn in last FY: FRA
FRA’s has several projects, such as insurance on students, in addition to insuring governmental buildings
FRA approves draft law to regulate consumer credit activities
Only companies licensed by FRA, with capital of EGP 10m or more can operate
Egypt is among largest Arab markets, insurance diffusion remains low: El Khatib
Company’s assets increase by 19% for last 3 years, after distributing $10m of dividends in 2017
Egyptian Financial Regulatory Authority begins capital markets training programme
Experts from Bloomberg, Blockchain, National Organisation of Investment Professionals, others will deliver training
IFE cooperates with FRA to double premiums volume within three years: IFE’s chairperson
Federation to launch awareness camping about insurance in September, says Al-Zoheiry
FRA launches electronic registry of movable securities
The Egyptian Financial Regulatory Authority (FRA) has officially launched the electronic registry of movable assets that enables micro, small, and medium entrepreneurs to obtain additional financing for their projects by leveraging equipment and machines they own or what they intend to buy. Mohamed Omran, FRA chairperson, said at a press conference that Egypt was the …
FRA approves securitisation bonds worth EGP 1.1bn
The Financial Regulatory Authority (FRA) approved the 7th issuance of securitisation bonds by the Egyptian Securitisation Company for the amount of about EGP 1.1bn. These bonds are considered one the biggest bond issuances in the Egyptian market. Moreover, the bonds are backed by the portfolio of Corporate Leasing Company Egypt S.A.E. (CorpLease). Furthermore, Commercial International …
FRA greenlights establishing 8 holding companies 24 hours after completion of required documents
Rapid approvals implementation of Investment Law, says Osool branch manager
Finance lease contracts rose to EGP 22bn in 10M 2017: FRA report
Real estate, land came on top, followed by automotive sector
FRA issues formal warning on dealing in cryptocurrencies
Expansion of Bitcoin threatens trading volume on EGX, national economy: Prime CEO
Approvals of issuing shares amounted to 4,044 during first 10 months of 2017: FRA
These rates are expected to increase in 2018 on economic reform, governmental IPOs, say market experts
FRA insurance programme supports microbusiness financing
Microbusiness financing inched up 10% in Q3
Creating union between African exchanges forming strong entity attracts investors: Sherif Samy
Sherif Samy, former chairperson of the Financial Regulatory Authority (FRA), asserted that most African exchanges are still small, emerging ones, stating that there are only four African exchanges which can be considered as relatively strong on the investment map, namely the exchanges of Egypt, South Africa, Morocco, and Nigeria. “Other small African exchanges can adopt …