The FRA continues to develop policies, issue regulations, and create frameworks to ensure the stability of non-banking financial markets and institutions while fostering market growth and protecting all participants’ rights.
Currently, Middle East Rating & Investor Service (MERIS) stands as Egypt's sole credit rating agency. MERIS is a joint venture between Moody’s and Finance and Banking Consultants International (FinBi).
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.
