FRA approves 13 companies to undertake non-bank financial activities

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Egypt’s Financial Regulatory Authority (FRA) has approved 13 companies for non-bank financial activities to improve sector competitiveness and expand access to financial services. Among the approvals was the establishment of Welzi Real Estate, supporting sector growth and investment.

The Financial Regulatory Authority (FRA) has approved 13 companies to undertake a range of non-bank financial activities, as part of its continued efforts to enhance the quality and competitiveness of sectors under its supervision, strengthen their attractiveness to investment, and expand citizens’ access to financial services. The approvals included the establishment of Welzi Real Estate […] The post FRA approves 13 companies to undertake non-bank financial activities first appeared on Dailynewsegypt.