In an official statement, the FRA explained that it aims to ensure financial stability within non-banking financial institutions, a critical component for bolstering the national economy and meeting individual needs.
Catalyst Partners submitted their request to launch Catalyst Partners Middle East (CPME) in July
The report, presented by Mohamed Farid Saleh, Chairman of FRA, detailed the activities of gold investment funds during July and August 2024.
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.
Additionally, FRA launched the first partnership between an insurance company and a telecommunications company to market and distribute insurance products.