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Mohamed Farid

FRA obliges insurance companies to price their products

This comes within the FRA’s keenness to enhance the efficiency of markets, protect their competitiveness, and ensure the safety and fairness of dealing and pricing.

FRA introduces new pricing index for MSMEs financing products

The index will give MSMEs access to standardized information about loans being offered by various financial institutions.

FRA announces regulations for upcoming voluntary carbon market

Trading on carbon credits can only be carried out by certified companies, it emphasized. Registered companies will have to renew their certification annually

Egypt’s first gold investment fund in Egypt gets the FRA’s approval

FRA approved the launch of the first Egyptian gold investment fund by Evolve Azimut, a joint venture between Evolve Holding and Azimut Egypt, the roadshow to promote the fund is set to begin after mid-May.

FRA issues first license for providing Islamic microfinancing to Maksab

The “Egyptian Microfinance Company - Maksab” received the first license, allowing it to engage in microfinance activity based on the application of the “Wakala Investment” formula for its various financing products