Egypt’s exchange launches innovative fintech solutions support centre

Egypt’s stock Exchange (EGX) has launched the first support centre of innovative financial technology solutions for non-banking activities titled CORBEH, partnering with the Financial Regulatory Authority (FRA), as mentioned in azn EGX recent statement.

The centre is set to sponsor new technologies that boost the role on non-banking financial activities in supporting the national economy.

EGX chairman,  and FRA Chairman, Mohamed Farid, announced the launch while attending the RiseUp Summit 2023, the largest innovation and entrepreneurship summit in the MENA region, which took place at the Grand Egyptian Museum.

The center can also encourage entrepreneurs to invest in EGX and benefit from the advantages offered by the trading and investment platforms that use modern finetech applications.