FRA approves four companies for non-banking financial activities

The Financial Regulatory Authority (FRA), chaired by Islam Ezzam, has approved four companies to engage in a range of non-banking financial activities, as part of its ongoing efforts to enhance the efficiency and competitiveness of the sectors under its supervision, expand financial services, strengthen Egypt’s investment appeal and broaden access…

Chinese investments in Egypt exceed US$ 10 billion

Egyptian Prime Minister Mostafa Madbouly confirmed that Chinese investments in Egypt have surpassed US$ 10 billion, RT reported on Monday. During the third meeting of the Ministerial Committee for China Affairs, he explained that a large number of companies operating in various economic sectors represent these investments. These investments reflect…