الهيئة العامة للرقابة المالية

Financial Regulatory Authority (FRA) chaired by Dr. Islam Azzam has granted operational approvals and licenses to 13 companies. These approvals are part of FRA’s broader framework to bolster market quality and competitiveness, enhance attractiveness for foreign and local investments and broaden public access to diverse financial services.

 Among the newly approved entities are wilzy Real Estate Investment Fund Company established to operate as a dedicated real estate fund and Amtaar Capital for Financial Investments securing a license for securities promotion and underwriting.

The approvals include the incorporation of Al-Ahly Tamkeen for Consumer Finance which had submitted its application for establishment, licensing, and operations prior to the issuance of FRA Board Resolution No. (43) of 2026 last February. That resolution had placed a temporary freeze on accepting new applications and granting preliminary approvals for companies seeking consumer finance licenses.

Additionally, the approvals covered the establishment of Insights SB Financial Consulting and Tameh for Promotion, Underwriting, and Real Estate Investment Fund Management. FRA also licensed Al- Ahly Capital for Microfinance to conduct medium and small enterprise financing besides its primary activity, while authorizing “Nile Leasing” to add factoring to its approved business lines.

Furthermore, the Authority approved adding real estate finance activity to International company of leasing (Incolease). Finally, Sakr for Underwriting and Fund Management and Tycoon Securities were licensed to receive subscriptions for investment fund units.

The approvals also include listing Dahab Zaman for Gold Trading in FRA’s registry of approved entities authorized to trade precious metals with investment funds.

Additionally, in compliance with Board Resolution No. (278) of 2025, FRA officially added EgyServ and Egyptian International to its registry of authorized collection firms serving the non-banking financial sector.

FRA grants these approvals under its constitutional and legal mandate to regulate and supervise Egypt’s non-banking financial markets and instruments. This oversight spans capital markets, futures exchanges, insurance sectors, real estate finance, financial leasing, factoring, and securitization, alongside the authority’s core role of governing the incorporation and licensing of all operating entities within these markets.