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أحداث وفاعليات الهيئةDr. Mohamed Abd Elaziz, Assistant to Chairman, Participates in Youth Financial & Digital Inclusion Summit – Friday 26 September 2025
- The dialogue session focused on boosting financial awareness and culture, strengthening the financial capabilities of youth and issuing warnings against harmful practices.
Dr. Mohamed Abd Elaziz, Assistant to Chairman, Participates in Youth Financial & Digital Inclusion Summit – Friday 26 September 2025
- The dialogue session focused on boosting financial awareness and culture, strengthening the financial capabilities of youth and issuing warnings against harmful practices.
Dr. Mohamed Abd Elaziz, Assistant to Chairman participated in a dialogue session titled “Digital Transformation and Financial Literacy in the Non-Banking Financial Sector” as part of the third edition of Youth Financial and Digital Inclusion Summit, held under the slogan “Generation 2030.” The summit was organized by the Ministry of Youth and Sports in collaboration with the Financial Regulatory Authority (FRA) bringing together 200 diverse young participants from various Egyptian universities, youth centers and people of determination.
In his opening remarks, Dr. Mohamed Abd Elaziz clarified FRA’s role as the regulatory and supervisory body responsible for overseeing all non-banking financial activities. These activities include the capital market, insurance, real estate financing, consumer financing, financial leasing, factoring, and MSME finance. He asserted that familiarizing youth with these activities is a core component of FRA’s awareness initiatives, specifically designed to empower them to seize the available financing and investment opportunities and consequently, promote financial inclusion.
Dr. Abd Elaziz urged youth to adopt a culture of savings and sound financial planning. He stressed the importance of investing their savings only in secure, supervised channels and licensed entities under FRA’s oversight. He concluded that organized saving and investment are the optimal route to build a stable financial future and the primary means of empowering young people to achieve their personal and professional goals using safe and diverse financial instruments.
Additionally, Dr. Abd Elaziz stressed the importance of combating financial fraud, explaining that the first step begins with young people being aware of their financial rights and ensuring they deal only with entities that are subjected to supervision and regulation. He warned against being misled by illusory offers or illegal investments that aim to exploit the lack of individual awareness. He confirmed that the Authority is persistent in its efforts to raise the level of financial literacy, considering it the first line of defense against any fraudulent practices.
Moreover, he shed light on FinTech concept, its goals and importance in developing non-banking financial services. He clarified that the Authority has embraced this vital sector by finalizing its regulatory framework, which has been instrumental in enabling service providers to adopt innovative, technology-based business models. This, in turn, has generated opportunities for youth to establish digital-solution startups. FinTech, Dr. Abd Elaziz confirmed, is a central pillar of FRA’s strategy, designed specifically to address three goals: increasing market efficiency, expanding the base of beneficiaries and attaining higher levels of financial inclusion.
Dr. Mohamed Abd Elaziz emphasized that Financial Inclusion is far more than just providing access to services. Its true essence lies in the transfer of knowledge and learning necessary to maximize those services’ benefits, ultimately empowering youth to make rational and effective decisions with their financial resources. He stressed that cultivating a financial culture based on awareness and knowledge is the key foundation for realizing the maximum economic and social advantages of inclusion.
Assistant to Chairman presented the strategy for developing the Non-Banking Financial Services (NBFS) sector. A primary component of this plan is boosting financial literacy and awareness across all societal segments, especially youth, to enhance financial, insurance and investment inclusion. By raising youth awareness of diverse financial solutions, the Authority aims to empower them to make sound, evidence-based decisions. This knowledge opens up new job opportunities and improves living standards by facilitating access to various financing options for starting or expanding private projects, thereby providing a positive boost to the national economy.
Furthermore, he commended the joint efforts with the Ministry of Youth and Sports, highlighting the cooperation protocol established to effectively promote non-banking financial literacy and awareness among young people, and proceeded to review the achievements realized through this framework.
He also highlighted the “Y Champions” competition, a joint initiative with the Ministry. This competition aims to boost non-banking financial literacy by challenging young people to create short, innovative and engaging video content about a non-banking financial activity. He stressed that such creative programs enable youth to participate actively in shaping a more inclusive and equitable future for financial services.
In his closing remarks, Dr. Abd Elaziz affirmed that youth are the pillars of future, stressing that their awareness of safe saving and investment practices is the best defense against financial fraud. He highlighted the Authority’s dedication to collaborate with the Ministry of Youth and Sports to enhance financial literacy and firmly establish financial inclusion for all young segments of society.
FRA Vice Chairman Participates in Youth Financial & Digital Inclusion Summit held by Ministry of Youth and Sports – Thursday 25 September 2025
Dr. Ashraf Sobhy, Minister of Youth and Sports, inaugurated the third edition of Youth Financial and Digital Inclusion Summit, held under the slogan “Generation 2030.” The Ministry’s Financial, Digital Inclusion and AI Unit organized the summit bringing together 200 diverse young participants from various Egyptian universities, youth centers and people of determination. Mohamed El-Sayyad – FRA Vice Chairman, Sherif Lokman – CBE Sub-Governor, Financial Inclusion and Sustainability and Dr. Islam Azzam – EGX Chairman attended the event.
Mohamed El-Sayyad, FRA Vice Chairman delivered a presentation during the opening session titled, “Enhancing Financial and Digital Inclusion: Opportunities for Youth in Building a Sustainable Economic Future.” He highlighted FRA’s core function namely , regulating and supervising the non-banking financial sector, stressing that this sector is vital for national economic development, providing essential financing opportunities to all segments of society, especially youth to fund or expand their projects. He also reviewed the Authority’s extensive efforts to boost public awareness of non-banking financial services.
FRA Vice Chairman affirmed that FRA’s strategy aligns directly with the Egyptian Government’s financial inclusion goals. The primary aim is to disseminate public awareness regarding the diverse financial, insurance and investment solutions available through non-banking services. El-Sayyad concluded by stressing the Authority’s commitment to build a generation of Egyptian youth capable of making optimal financial decisions. By ensuring youth have a sound understanding of financial sectors, FRA empowers them to achieve their personal goals, create new employment opportunities, improve their standard of living and ultimately, strengthen the national economy.
FRA Vice Chairman seized the opportunity to praise the fruitful cooperation with the Ministry of Youth and Sports, which is governed by a signed protocol to spread awareness of non-banking financial services among youth. A cornerstone of this collaboration is the Certified Financial Awareness Trainer (CFAT) program. This intensive course is designed to qualify young Ministry personnel to serve as “FRA Ambassadors.” Their role is to disseminate awareness about non-banking financial activities and services, clarify how to benefit from them in practical life and utilize them to create real opportunities for youth.
Finally, he underscored the broad impact of the summit. He noted that such events not only boost financial awareness but also connect young Egyptians with job opportunities in non-banking financial institutions. By clarifying the required skills and knowledge, the initiative directly supports youth in making informed decisions about their university majors and career paths, thereby aligning their education with real-world job market demands.
Since the program’s launch, FRA and the Ministry have successfully rolled out seven training courses and inaugurated Financial Awareness Clubs across several governorates. The program’s reach is rapidly expanding, with graduates successfully organizing 65 dedicated awareness seminars in 2025, targeting youth and junior pioneers in various youth centers and clubs.
FRA also launched the “Y Champions” competition. This initiative encourages young people to use their creativity by producing short, attractive video content that explains a specific non-banking financial activity.
FRA Blacklists 8 Social Media Pages for Violating Non-Banking Financial Laws – Tuesday 23 September 2025
- FRA renews its warning to citizens not to deal with unlicensed entities, as this exposes them to serious financial risks.
- This blacklist includes social media pages that encouraged consumer finance customers to cash out their granted credit limits.
- The violations involved providing technical advice to Egyptian Stock Exchange traders using artificial intelligence.
- FRA confirmed that none of the pages or entities on the negative list have either regularized their status or applied for the necessary license.
In a continued effort to stabilize non-banking financial markets and protect consumers, FRA has added eight social media pages to its negative list. The Authority’s decision is part of its core mission to regulate non-banking financial activities and maintain market integrity.
The violations included urging consumer finance customers to cash out their credit limits, an action that illegally converts consumer financing into cash and violates the law governing the activity.
In addition, one of the pages provided technical advice to Egyptian Stock Exchange dealers using artificial intelligence programs without a license and in violation of the provisions of the law.
In this context, the Authority has renewed its warning to citizens, urging them to avoid engaging with unlicensed entities. These entities operate in violation of non-banking financial laws and pose a serious threat to their funds and legal rights.
The Authority has launched dedicated email channels to facilitate communication with both the public and businesses. One email is for individuals to report suspicious investment or financing invitations that may contain fraud or deception, while a separate email is for companies to verify that their business models comply with all regulatory requirements, ensuring their stability and the reliability of their services.
To view the negative list of entities and pages that illegally operate in non-banking financial activities, visit the following link:
https://services.fra.gov.eg/alerts
To view the list of entities licensed to practice non-banking financial activities (investment, non-banking finance, insurance), please visit the following link:
https://fra.gov.eg/registration/
For inquiries about the legal and regulatory requirements for promoting stock subscriptions, please contact us at:
To report invitations from unlicensed entities, please use the following email:
مؤتمرات و ندوات
Press ReleasesDr. Mohamed Abd Elaziz, Assistant to Chairman, Participates in Youth Financial & Digital Inclusion Summit – Friday 26 September 2025
- The dialogue session focused on boosting financial awareness and culture, strengthening the financial capabilities of youth and issuing warnings against harmful practices.
Press ReleasesDr. Mohamed Abd Elaziz, Assistant to Chairman, Participates in Youth Financial & Digital Inclusion Summit – Friday 26 September 2025
- The dialogue session focused on boosting financial awareness and culture, strengthening the financial capabilities of youth and issuing warnings against harmful practices.
Dr. Mohamed Abd Elaziz, Assistant to Chairman, Participates in Youth Financial & Digital Inclusion Summit – Friday 26 September 2025
- The dialogue session focused on boosting financial awareness and culture, strengthening the financial capabilities of youth and issuing warnings against harmful practices.
Dr. Mohamed Abd Elaziz, Assistant to Chairman participated in a dialogue session titled “Digital Transformation and Financial Literacy in the Non-Banking Financial Sector” as part of the third edition of Youth Financial and Digital Inclusion Summit, held under the slogan “Generation 2030.” The summit was organized by the Ministry of Youth and Sports in collaboration with the Financial Regulatory Authority (FRA) bringing together 200 diverse young participants from various Egyptian universities, youth centers and people of determination.
In his opening remarks, Dr. Mohamed Abd Elaziz clarified FRA’s role as the regulatory and supervisory body responsible for overseeing all non-banking financial activities. These activities include the capital market, insurance, real estate financing, consumer financing, financial leasing, factoring, and MSME finance. He asserted that familiarizing youth with these activities is a core component of FRA’s awareness initiatives, specifically designed to empower them to seize the available financing and investment opportunities and consequently, promote financial inclusion.
Dr. Abd Elaziz urged youth to adopt a culture of savings and sound financial planning. He stressed the importance of investing their savings only in secure, supervised channels and licensed entities under FRA’s oversight. He concluded that organized saving and investment are the optimal route to build a stable financial future and the primary means of empowering young people to achieve their personal and professional goals using safe and diverse financial instruments.
Additionally, Dr. Abd Elaziz stressed the importance of combating financial fraud, explaining that the first step begins with young people being aware of their financial rights and ensuring they deal only with entities that are subjected to supervision and regulation. He warned against being misled by illusory offers or illegal investments that aim to exploit the lack of individual awareness. He confirmed that the Authority is persistent in its efforts to raise the level of financial literacy, considering it the first line of defense against any fraudulent practices.
Moreover, he shed light on FinTech concept, its goals and importance in developing non-banking financial services. He clarified that the Authority has embraced this vital sector by finalizing its regulatory framework, which has been instrumental in enabling service providers to adopt innovative, technology-based business models. This, in turn, has generated opportunities for youth to establish digital-solution startups. FinTech, Dr. Abd Elaziz confirmed, is a central pillar of FRA’s strategy, designed specifically to address three goals: increasing market efficiency, expanding the base of beneficiaries and attaining higher levels of financial inclusion.
Dr. Mohamed Abd Elaziz emphasized that Financial Inclusion is far more than just providing access to services. Its true essence lies in the transfer of knowledge and learning necessary to maximize those services’ benefits, ultimately empowering youth to make rational and effective decisions with their financial resources. He stressed that cultivating a financial culture based on awareness and knowledge is the key foundation for realizing the maximum economic and social advantages of inclusion.
Assistant to Chairman presented the strategy for developing the Non-Banking Financial Services (NBFS) sector. A primary component of this plan is boosting financial literacy and awareness across all societal segments, especially youth, to enhance financial, insurance and investment inclusion. By raising youth awareness of diverse financial solutions, the Authority aims to empower them to make sound, evidence-based decisions. This knowledge opens up new job opportunities and improves living standards by facilitating access to various financing options for starting or expanding private projects, thereby providing a positive boost to the national economy.
Furthermore, he commended the joint efforts with the Ministry of Youth and Sports, highlighting the cooperation protocol established to effectively promote non-banking financial literacy and awareness among young people, and proceeded to review the achievements realized through this framework.
He also highlighted the “Y Champions” competition, a joint initiative with the Ministry. This competition aims to boost non-banking financial literacy by challenging young people to create short, innovative and engaging video content about a non-banking financial activity. He stressed that such creative programs enable youth to participate actively in shaping a more inclusive and equitable future for financial services.
In his closing remarks, Dr. Abd Elaziz affirmed that youth are the pillars of future, stressing that their awareness of safe saving and investment practices is the best defense against financial fraud. He highlighted the Authority’s dedication to collaborate with the Ministry of Youth and Sports to enhance financial literacy and firmly establish financial inclusion for all young segments of society.
FRA Vice Chairman Participates in Youth Financial & Digital Inclusion Summit held by Ministry of Youth and Sports – Thursday 25 September 2025
Dr. Ashraf Sobhy, Minister of Youth and Sports, inaugurated the third edition of Youth Financial and Digital Inclusion Summit, held under the slogan “Generation 2030.” The Ministry’s Financial, Digital Inclusion and AI Unit organized the summit bringing together 200 diverse young participants from various Egyptian universities, youth centers and people of determination. Mohamed El-Sayyad – FRA Vice Chairman, Sherif Lokman – CBE Sub-Governor, Financial Inclusion and Sustainability and Dr. Islam Azzam – EGX Chairman attended the event.
Mohamed El-Sayyad, FRA Vice Chairman delivered a presentation during the opening session titled, “Enhancing Financial and Digital Inclusion: Opportunities for Youth in Building a Sustainable Economic Future.” He highlighted FRA’s core function namely , regulating and supervising the non-banking financial sector, stressing that this sector is vital for national economic development, providing essential financing opportunities to all segments of society, especially youth to fund or expand their projects. He also reviewed the Authority’s extensive efforts to boost public awareness of non-banking financial services.
FRA Vice Chairman affirmed that FRA’s strategy aligns directly with the Egyptian Government’s financial inclusion goals. The primary aim is to disseminate public awareness regarding the diverse financial, insurance and investment solutions available through non-banking services. El-Sayyad concluded by stressing the Authority’s commitment to build a generation of Egyptian youth capable of making optimal financial decisions. By ensuring youth have a sound understanding of financial sectors, FRA empowers them to achieve their personal goals, create new employment opportunities, improve their standard of living and ultimately, strengthen the national economy.
FRA Vice Chairman seized the opportunity to praise the fruitful cooperation with the Ministry of Youth and Sports, which is governed by a signed protocol to spread awareness of non-banking financial services among youth. A cornerstone of this collaboration is the Certified Financial Awareness Trainer (CFAT) program. This intensive course is designed to qualify young Ministry personnel to serve as “FRA Ambassadors.” Their role is to disseminate awareness about non-banking financial activities and services, clarify how to benefit from them in practical life and utilize them to create real opportunities for youth.
Finally, he underscored the broad impact of the summit. He noted that such events not only boost financial awareness but also connect young Egyptians with job opportunities in non-banking financial institutions. By clarifying the required skills and knowledge, the initiative directly supports youth in making informed decisions about their university majors and career paths, thereby aligning their education with real-world job market demands.
Since the program’s launch, FRA and the Ministry have successfully rolled out seven training courses and inaugurated Financial Awareness Clubs across several governorates. The program’s reach is rapidly expanding, with graduates successfully organizing 65 dedicated awareness seminars in 2025, targeting youth and junior pioneers in various youth centers and clubs.
FRA also launched the “Y Champions” competition. This initiative encourages young people to use their creativity by producing short, attractive video content that explains a specific non-banking financial activity.
FRA Blacklists 8 Social Media Pages for Violating Non-Banking Financial Laws – Tuesday 23 September 2025
- FRA renews its warning to citizens not to deal with unlicensed entities, as this exposes them to serious financial risks.
- This blacklist includes social media pages that encouraged consumer finance customers to cash out their granted credit limits.
- The violations involved providing technical advice to Egyptian Stock Exchange traders using artificial intelligence.
- FRA confirmed that none of the pages or entities on the negative list have either regularized their status or applied for the necessary license.
In a continued effort to stabilize non-banking financial markets and protect consumers, FRA has added eight social media pages to its negative list. The Authority’s decision is part of its core mission to regulate non-banking financial activities and maintain market integrity.
The violations included urging consumer finance customers to cash out their credit limits, an action that illegally converts consumer financing into cash and violates the law governing the activity.
In addition, one of the pages provided technical advice to Egyptian Stock Exchange dealers using artificial intelligence programs without a license and in violation of the provisions of the law.
In this context, the Authority has renewed its warning to citizens, urging them to avoid engaging with unlicensed entities. These entities operate in violation of non-banking financial laws and pose a serious threat to their funds and legal rights.
The Authority has launched dedicated email channels to facilitate communication with both the public and businesses. One email is for individuals to report suspicious investment or financing invitations that may contain fraud or deception, while a separate email is for companies to verify that their business models comply with all regulatory requirements, ensuring their stability and the reliability of their services.
To view the negative list of entities and pages that illegally operate in non-banking financial activities, visit the following link:
https://services.fra.gov.eg/alerts
To view the list of entities licensed to practice non-banking financial activities (investment, non-banking finance, insurance), please visit the following link:
https://fra.gov.eg/registration/
For inquiries about the legal and regulatory requirements for promoting stock subscriptions, please contact us at:
To report invitations from unlicensed entities, please use the following email:
FRA in the Newsالقرية الذكية- 10 نوفمبر 2020 : د. عمران بصفته رئيساً لمجلس إدارة معهد الخدمات المالية يوقع اتفاقاً مع معهد دراسات البورصة IEB الإسباني لمنح درجة الماجستير في الأسواق المالية بحضور السفير الإسباني بالقاهرة ،وسفيرنا في مدريد عبر تقنية الفيديو كونفرس
Dr. Mohamed Abd Elaziz, Assistant to Chairman, Participates in Youth Financial & Digital Inclusion Summit – Friday 26 September 2025
- The dialogue session focused on boosting financial awareness and culture, strengthening the financial capabilities of youth and issuing warnings against harmful practices.
القرية الذكية- 10 نوفمبر 2020 : د. عمران بصفته رئيساً لمجلس إدارة معهد الخدمات المالية يوقع اتفاقاً مع معهد دراسات البورصة IEB الإسباني لمنح درجة الماجستير في الأسواق المالية بحضور السفير الإسباني بالقاهرة ،وسفيرنا في مدريد عبر تقنية الفيديو كونفرس
Dr. Mohamed Abd Elaziz, Assistant to Chairman, Participates in Youth Financial & Digital Inclusion Summit – Friday 26 September 2025
- The dialogue session focused on boosting financial awareness and culture, strengthening the financial capabilities of youth and issuing warnings against harmful practices.
Dr. Mohamed Abd Elaziz, Assistant to Chairman participated in a dialogue session titled “Digital Transformation and Financial Literacy in the Non-Banking Financial Sector” as part of the third edition of Youth Financial and Digital Inclusion Summit, held under the slogan “Generation 2030.” The summit was organized by the Ministry of Youth and Sports in collaboration with the Financial Regulatory Authority (FRA) bringing together 200 diverse young participants from various Egyptian universities, youth centers and people of determination.
In his opening remarks, Dr. Mohamed Abd Elaziz clarified FRA’s role as the regulatory and supervisory body responsible for overseeing all non-banking financial activities. These activities include the capital market, insurance, real estate financing, consumer financing, financial leasing, factoring, and MSME finance. He asserted that familiarizing youth with these activities is a core component of FRA’s awareness initiatives, specifically designed to empower them to seize the available financing and investment opportunities and consequently, promote financial inclusion.
Dr. Abd Elaziz urged youth to adopt a culture of savings and sound financial planning. He stressed the importance of investing their savings only in secure, supervised channels and licensed entities under FRA’s oversight. He concluded that organized saving and investment are the optimal route to build a stable financial future and the primary means of empowering young people to achieve their personal and professional goals using safe and diverse financial instruments.
Additionally, Dr. Abd Elaziz stressed the importance of combating financial fraud, explaining that the first step begins with young people being aware of their financial rights and ensuring they deal only with entities that are subjected to supervision and regulation. He warned against being misled by illusory offers or illegal investments that aim to exploit the lack of individual awareness. He confirmed that the Authority is persistent in its efforts to raise the level of financial literacy, considering it the first line of defense against any fraudulent practices.
Moreover, he shed light on FinTech concept, its goals and importance in developing non-banking financial services. He clarified that the Authority has embraced this vital sector by finalizing its regulatory framework, which has been instrumental in enabling service providers to adopt innovative, technology-based business models. This, in turn, has generated opportunities for youth to establish digital-solution startups. FinTech, Dr. Abd Elaziz confirmed, is a central pillar of FRA’s strategy, designed specifically to address three goals: increasing market efficiency, expanding the base of beneficiaries and attaining higher levels of financial inclusion.
Dr. Mohamed Abd Elaziz emphasized that Financial Inclusion is far more than just providing access to services. Its true essence lies in the transfer of knowledge and learning necessary to maximize those services’ benefits, ultimately empowering youth to make rational and effective decisions with their financial resources. He stressed that cultivating a financial culture based on awareness and knowledge is the key foundation for realizing the maximum economic and social advantages of inclusion.
Assistant to Chairman presented the strategy for developing the Non-Banking Financial Services (NBFS) sector. A primary component of this plan is boosting financial literacy and awareness across all societal segments, especially youth, to enhance financial, insurance and investment inclusion. By raising youth awareness of diverse financial solutions, the Authority aims to empower them to make sound, evidence-based decisions. This knowledge opens up new job opportunities and improves living standards by facilitating access to various financing options for starting or expanding private projects, thereby providing a positive boost to the national economy.
Furthermore, he commended the joint efforts with the Ministry of Youth and Sports, highlighting the cooperation protocol established to effectively promote non-banking financial literacy and awareness among young people, and proceeded to review the achievements realized through this framework.
He also highlighted the “Y Champions” competition, a joint initiative with the Ministry. This competition aims to boost non-banking financial literacy by challenging young people to create short, innovative and engaging video content about a non-banking financial activity. He stressed that such creative programs enable youth to participate actively in shaping a more inclusive and equitable future for financial services.
In his closing remarks, Dr. Abd Elaziz affirmed that youth are the pillars of future, stressing that their awareness of safe saving and investment practices is the best defense against financial fraud. He highlighted the Authority’s dedication to collaborate with the Ministry of Youth and Sports to enhance financial literacy and firmly establish financial inclusion for all young segments of society.