Press Releases – الهيئة العامة للرقابة المالية

Press Releases

Dr. Mohamed Abdelaziz Leads Interactive Financial Literacy Session in Alexandria — Friday 16 October 2026

  • Clear explanations of non-banking financial tools and their role in improving lives, scaling projects, and fostering startups.
  • High engagement from young people, women, and children seeking to explore investment opportunities, financing options and insurance solutions.

 

As part of “Building Capacity , Driving Development – Know to Benefit” conference, held under PM auspices, Dr. Mohamed Abdelaziz – Assistant to Chairman  delivered an interactive financial awareness lecture at Alexandria Stadium Indoor Hall. The session aimed to promote financial literacy and introduce the public to non-banking financial activities, following the official conference opening led by FRA Chairman Dr. Islam Azzam and Alexandria Governor Engineer Ayman Attia.

FRA ensured the session was open to all Alexandria citizens across all age groups. The event drew a large and diverse turnout—particularly school pupils, university and institute students, women and youth—who attended the interactive lecture alongside visiting the comprehensive financial activities exhibition organized within the stadium.

Dr. Mohamed Abdelaziz delivered a detailed, accessible presentation on non-banking financial activities and investment avenues, ranging from capital markets and insurance to non-banking financing services. He highlighted the vital economic role played by these sectors and explained how non-banking financial technology (FinTech) enables citizens to achieve secure, regulated investment returns under comprehensive regulatory oversight.

During the presentation, Dr. Abdelaziz detailed the practical applications of non-banking financial instruments—including factoring, leasing and mortgage solutions—across various socio-economic segments. He highlighted the significant developmental strides made through Micro, Small and Medium Enterprise (MSME) finance, stressing its essential function in driving women’s economic empowerment in vulnerable communities and building resilience against financial risks.

Addressing retail investors, Assistant Chairman outlined essential capital market fundamentals and emphasized the critical elements necessary for making sound investment decisions prior to trading on the stock exchange. He strongly warned attendees against illicit influences and fraudulent practices originating from anonymous social media groups, messaging channels and unverified online pages.

Furthermore, Dr. Abdelaziz highlighted regulated investment funds and official savings vehicles designed to help citizens maximize their returns safely. He noted that broadening access to these legitimate channels directly reinforces state efforts to curb illicit money-pooling operations—commonly known as “El-Mestareh” which invariably lead to fraudulent schemes, financial loss and the erosion of personal savings.

Throughout the session, Dr. Abdelaziz explained FRA’s pivotal regulatory and supervisory role in safeguarding market participants, ensuring the steady growth of safe investment options and expanding financial inclusion across all segments of society.

The lecture generated high audience engagement, particularly from youth, children and women. Moving from basic concepts to in-depth discussions, participants asked targeted questions regarding the requirements to access insurance and financing products via smart mobile applications, as well as the specialized pathways established by the Authority to foster innovation and entrepreneurship within regulated non-banking sectors.

“Building Capacity, Driving Development” conference reflect Financial Regulatory Authority’s (FRA) strategic drive to deepen ties with state institutions and regional business communities. Through these initiatives, the Authority continues to advance non-banking financial markets—striking a vital balance between accelerating growth, elevating service standards, safeguarding market participants, and maximizing the sector’s contribution to the national economy

FRA Highlights Financial Inclusion and Safe Investment Mechanisms at NCW Alexandria –  Friday 16 October 2026

  • Non-banking financial services offer creative, development-focused tools, while financial technology (FinTech) breaks down barriers and strengthens consumer protection.
  • Responsible microfinance serves as a vital engine for driving the economic empowerment of female entrepreneurs.
  • Investment funds provide secure, strictly regulated institutional vehicles designed to preserve capital and foster long-term savings growth.

 

As part of “Building Capacity, Driving Development” conference—held under PM auspices – Financial Regulatory Authority (FRA) hosted a specialized technical workshop at National Council for Women (NCW) in Alexandria. The session followed the official opening of the conference yesterday by FRA Chairman Dr. Islam Azzam and Alexandria Governor Engineer Ayman Attia.

Hosted by Dr. Magda El-Shazly, Head of the NCW Alexandria Branch, the session focused on integrating women into the formal non-banking financial sector (NBFS). It aimed to equip female attendees with operational and legal knowledge to utilize financing and investment tools effectively, safeguarding their savings while scaling their business projects.

Yasmine Hassan, Deputy Head of the Central Dep.  For Technical Offices at FRA and Deputy Chair of Equal Opportunities Working Group opened the session. She presented the structure of the non-banking financial market, moving from general concepts to practical applications and demonstrating how available financial products can be tailored to meet women’s specific financial goals.

She highlighted regulated investment avenues as secure alternatives to protect and grow personal savings under direct regulatory supervision, steering women away from unlicensed financial entities. She detailed the institutional landscape of the market, including insurance companies, private pension funds and insurance pools covering specialized risk categories.

In addition, Yasmin Hassan highlighted how financial technology (FinTech) solutions—including digital finance, mobile investment tools and micro-insurance platforms—eliminate geographic barriers for women seeking non-banking financial services. She concluded by detailing the Authority’s consumer protection mechanisms, outlining formal grievance procedures and strict disclosure standards aimed at safeguarding clients against fraud and misleading practices.

Addressing business finance, Dr. Amal Salah, Deputy Head of MSME Finance Central Dep. and member of Equal Opportunities Working Group, presented a detailed analysis of the microfinance sector as a primary catalyst for the economic empowerment of female breadwinners and women entrepreneurs. She outlined financial and regulatory criteria used to classify projects, explaining how the sector helps transition informal micro-enterprises into the formal economy.

Dr.  Amal Salah shed light on principles of responsible finance, outlining clients’ rights to receive transparent repayment schedules, understand the true cost of funding and avoid over-indebtedness through multiple borrowing channels.

She also underscored FRA’s regulatory mandate, which begins with licensing financing companies and civil society organizations (NGOs) and extends to on-site inspections and periodic off-site audits. These measures ensure that financial institutions adhere to fair pricing models and refrain from predatory debt collection practices.

On the other hand, Sally George, Chairman Associate for Mutual Funds’ Affairs and member of Equal Opportunities Working Group, provided an in-depth breakdown of how investment funds operate. She clarified contractual mechanisms, noting that the fund prospectus serves as the legally binding document detailing investment strategy, fee structures, and acceptable risk profiles.

She explained how mutual and investment funds allow women to enter capital markets with relatively small sums by purchasing fund certificates (units), achieving risk diversification that is difficult for individual retail investors to manage independently.

She outlined the available fund categories—from money market and fixed-income vehicles to growth equity funds. She detailed cash flow mechanisms and highlighted the role of licensed investment managers in overseeing subscriber assets. She emphasized FRA’s rigorous daily monitoring of asset valuations and routine financial statement approvals, which maintain market discipline and promote long-term financial security for women and the broader community.

This session underscores FRA’s core strategy: using financial literacy to drive women’s economic empowerment. By combining strong regulatory safeguards with educational outreach, the Authority enables women to safely access non-banking financial tools, ensuring their full integration into the formal economy as active contributors to national growth.

FRA Chairman Inaugurates “Building Capacity, Driving Development” Exhibition at Alexandria Stadium – Thursday 15 October 2026

  • Federations and companies’ representatives highlight the latest products and services across capital markets, insurance and non-banking finance.
  • Exhibitors display secure, FRA-regulated investment opportunities to visitors.

 

Dr. Islam Azzam, FRA Chairman inaugurated today “Building Capacity, Driving Development” exhibition for non-banking financial services, organized by FRA at Alexandria Stadium in cooperation with the governorate to bridge communication between service providers and citizens.

The event took place as part of the activities of “Building Capacity, Driving Development – Know to Benefit” conference, held under the auspices of Prime Minister Dr. Mostafa Madbouly.

The opening ceremony was attended by Dr. Amira Yassin Heikal, Deputy Governor of Alexandria; Dr. Tarek Seif, FRA Vice Chairman; alongside Dr. Mohamed Abdel Aziz, Mr. Mahmoud Gebril ,Dr. Rehab Taha, Assistants to  Chairman and Counselor Reda Abdel Moati, Senior Advisor to  Chairman. In addition to a number of FRA leaders specializing in the supervision of various activities; heads of all non-banking financial activity federations; and representatives of prominent sector companies and associations operating in Alexandria.

The exhibition was co-organized and prepared by Insurance Federation of Egypt (IFE), Egyptian Securities Federation, Egyptian MSME Finance Federation, Egyptian Factoring Federation, Egyptian Leasing Federation and Egyptian Mortgage Federation. That is besides more than 30 companies and associations active in capital markets, investment funds, insurance and non-banking finance.

 

Companies’ representatives highlighted the latest non-banking financial solutions to attendees, highlighting their vital role in driving business growth, supporting micro, small, and medium-sized enterprises (MSMEs), and empowering entrepreneurs to launch new ventures through accessible funding tools.

While exhibitors showcased safe, regulated investment pathways and vehicles to citizens, FRA representatives engaged directly with visitors to raise awareness about emerging forms of fraud, financial scams, and negative market practices, underscoring the authority’s role in client protection and early risk detection.

This major public event in Alexandria reflects FRA’s strategic direction to strengthen communication with state institutions and the business community across governorates, further developing non-banking financial markets to balance growth and investment support, elevate service quality, protect client rights, and maximize the sector’s contribution to the national economy.

 

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