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FRA

FRA reports significant growth in non-banking financing across sectors by July 2024

According to a recent report from the FRA, loan balances allocated to MSMEs rose to EGP 66.8 billion by the end of July 2024, an increase from EGP 46.143 billion at the same time last year.

FRA register 12 carbon emissions reduction project in authority’s data base

He mentioned that there were 12 trading operations in the market, with approximately 4,500 voluntary carbon certificates in circulation and 18,375 carbon certificates registered in the authority's database.

PM follows up on FRA recent development in non-banking field

Additionally, FRA launched the first partnership between an insurance company and a telecommunications company to market and distribute insurance products.

FRA signs MoU with French agency to promote sustainable finance

The MoU entails a mutual commitment between the two parties to focus on expanding climate practices and sustainable financing in Egypt's non-banking financial sector through strategic collaboration.

FRA to establish 1st technology start-up company to finance small enterprises

The company's focus extends to electronic customer identification, electronic contract finalization, as well as electronic record registration, preservation, and retrieval.