Latest News for: azzam

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Gold, silver funds reach 329,000 investors, EGP 9.35bn in net assets in June: FRA

Daily News Egypt 14 Jul 2026
Islam Azzam, Chairperson of the FRA, said the positive performance reflects growing investor confidence and the continued development of Egypt’s precious metals investment fund market ... Azzam also ...
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FRA to launch training programme for state-owned firms ahead of public offerings

Daily News Egypt 13 Jul 2026
The initiative forms part of the Authority’s efforts, led by Chairperson Islam Azzam, to support the government’s state ownership and public offering programme while enhancing the readiness of companies targeted for future listings.
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FRA raises audit cap for external auditors to five investment funds

Daily News Egypt 13 Jul 2026
The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has issued a decision allowing external auditors to audit up to five investment funds simultaneously, up from the previous limit of three.
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FRA extends compliance deadlines for healthcare administrators, foreign reinsurance brokers

Daily News Egypt 11 Jul 2026
The decisions were approved by the FRA’s Board of Directors, chaired by Islam Azzam, as part of the authority’s efforts to strengthen governance, improve service quality, and support the ...
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FRA grants 10 new licences across non-banking financial sectors

Daily News Egypt 07 Jul 2026
The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has approved 10 new licences covering a range of non-banking financial activities as part of its ongoing efforts to enhance the ...
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FRA sets clearing, settlement fees for futures contracts, grants one-year waiver on selected services

Daily News Egypt 06 Jul 2026
The decision, issued by the FRA’s Board of Directors under Chairperson Islam Azzam, forms part of the regulatory framework supporting the development of the country’s derivatives market and was coordinated with the Egyptian Exchange.
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FRA Chair discusses final preparations for launch of short selling on EGX

Daily News Egypt 24 Jun 2026
The session was attended by Islam Azzam, Chairperson of the FRA; Omar ... Azzam stressed that completing the regulatory and operational framework for short selling remains a top priority for the Authority.
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FRA approves 13 companies to undertake non-bank financial activities

Daily News Egypt 23 Jun 2026
The approvals included the establishment of Welzi Real Estate Investment Fund Company to engage in real estate investment fund activities, and Ametar Capital Financial Investments to carry out securities promotion and underwriting ... 278 of 2025 ... ....
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FRA registers first debt collection firms for non-bank financial sector

Daily News Egypt 22 Jun 2026
Islam Azzam, Chairperson of the Financial Regulatory Authority, said that the establishment of the register and the commencement of company registrations mark an important step towards enhancing the ...
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