Egypt Expands Capital Market Reform with 10 New Non-Banking Financial Licences

CAIRO — Egypt has taken another step in its long-term programme to deepen capital markets and diversify sources of financing beyond the traditional banking sector after the Financial Regulatory Authority (FRA) approved ten new licences spanning securities rating, derivatives brokerage, insurance, real estate investment, financial leasing and fintech. The approvals broaden the country’s non-banking financial [...] The post Egypt Expands Capital Market Reform with 10 New Non-Banking Financial Licences appeared first on The Middle East Observer .