Egypt’s FRA launches initiative to include informal businesses into formal economy
Egypt’s Financial Regulatory Authority (FRA) introduced an initiative that aims to merge informal economic…
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Financial Regulatory Authority (FRA)
EFG Hermes gets Egypt FRA’s approval for CIRA’s EGP 600 million Sukuk issuance
The Egyptian Financial Regulatory Authority (FRA) gave the greenlight to EFG Hermes Sukuk Co to issue Sukuk…
Moroccan Wafa Assurance’s subsidiary receives licence to operate in Egypt
Wafa Life Insurance Egypt, owned by Morocco’s Wafa Assurance, has received a licence to operate in the long-term…
Egyptian insurance companies’ premiums 9.6% up in five months
The premium portfolio of insurance companies operating in Egypt increased 9.6 percent year-on-year during the first…
Egypt’s FRA newly adopted stress test shows “strength” of NBFS institutions –…
Financial Regulatory Authority's first stress test on the impact of covid-19 on the non-banking financial services…
Egypt’s mortgage finance activity finance declines 84.2 % in April
Egypt’s mortgage finance activity finance during April 2020 dropped by 84.2 percent during April, , according to…
Insurance companies’ premiums in Egypt surge 15.6% in four months
Insurance companies operating in Egypt posted premiums worth 12.5 billion Egyptian pounds ($781.7 million) during…
Compensation paid by Egypt’s insurance companies 12.8% up in 4 months
Compensation paid to clients by insurance companies operating in Egypt rose 12.8 percent year-on-year during the…
Egyptian insurance companies’ technical losses 54.2% up in Q1 – report
Insurance companies operating in Egypt recorded a 54.2 percent growth in technical losses during the first quarter…
Egypt’s first-quarter mortgage finance activity grows 56%
Egypt’s mortgage finance activity recently increased 56 percent year-on-year to 684.4 million Egyptian pounds…
