{"id":21392096,"date":"2026-02-26T14:51:29","date_gmt":"2026-02-26T12:51:29","guid":{"rendered":"https:\/\/fra.gov.eg\/fra_news\/%d8%b1%d8%b3%d9%85%d9%8a%d9%8b%d8%a7-%d8%a7%d9%84%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d8%aa%d8%b7%d9%84%d9%82-%d8%a7%d9%84%d9%86%d8%b8%d8%a7%d9%85-%d8%a7%d9%84\/"},"modified":"2026-03-01T13:16:14","modified_gmt":"2026-03-01T11:16:14","slug":"%d8%b1%d8%b3%d9%85%d9%8a%d9%8b%d8%a7-%d8%a7%d9%84%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d8%aa%d8%b7%d9%84%d9%82-%d8%a7%d9%84%d9%86%d8%b8%d8%a7%d9%85-%d8%a7%d9%84","status":"publish","type":"fra_news","link":"https:\/\/fra.gov.eg\/en\/fra_news\/%d8%b1%d8%b3%d9%85%d9%8a%d9%8b%d8%a7-%d8%a7%d9%84%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d8%aa%d8%b7%d9%84%d9%82-%d8%a7%d9%84%d9%86%d8%b8%d8%a7%d9%85-%d8%a7%d9%84\/","title":{"rendered":"FRA and Minister of Investment Launch an Upgraded Electronic System for Movable Collateral Registry (MCR) &#8211; Thursday 26 February 2026"},"content":{"rendered":"<ul>\n<li style=\"text-align: left\"><span style=\"color: #800000\">Minister of Investment and Foreign Trade:<\/span><\/li>\n<\/ul>\n<p style=\"text-align: left\"><span style=\"color: #800000\">\u201cAn upgraded Movable Collateral Registry cuts lending costs and delays, fueling broader financial inclusion.&#8221;<\/span><\/p>\n<ul style=\"text-align: left\">\n<li><span style=\"color: #800000\">Mohamed El-Sayyad (FRA Vice Chairman):<\/span><\/li>\n<\/ul>\n<p style=\"text-align: left\"><span style=\"color: #800000\">\u201cThe upgraded registry is a key pillar for enhancing the business environment and driving institutional digital transformation.&#8221;<\/span><\/p>\n<ul style=\"text-align: left\">\n<li><span style=\"color: #800000\">Mohamed Abdel-Aziz:<\/span><\/li>\n<\/ul>\n<p style=\"text-align: left\"><span style=\"color: #800000\">\u201cThe upgraded registry drives credit efficiency and reduces financial exposure.&#8221;<\/span><\/p>\n<ul style=\"text-align: left\">\n<li><span style=\"color: #800000\">Ibrahim Sarhan (Chairman of e-finance):<\/span><\/li>\n<\/ul>\n<p style=\"text-align: left\"><span style=\"color: #800000\">\u201cStrategic collaboration between FRA, related ministries, and the Central Bank drives the registry\u2019s development and maximizes benefits of technological infrastructure.\u201d<\/span><\/p>\n<p style=\"text-align: left\">Financial Regulatory Authority (FRA) has officially launched the upgraded electronic system for the Egyptian Movable Collateral Registry (MCR). Dr. Mohamed Farid, Minister of Investment and Foreign Trade, alongside FRA Vice Chairman Mr. Mohamed El-Sayyad, attended the inaugural press conference. Key financial leaders also joined the event, including EGX Chairman Dr. Islam Azzam, CBE Deputy Governor Mr. Tarek El-Kholy, and former Minister of Planning Dr. Ashraf El-Araby, as well as Dr. Mohamed Abdel-Aziz, FRA Assistant Chairman and MCR Supervisor.<\/p>\n<p style=\"text-align: left\">Dr. Mohamed Farid stated that the registry\u2019s development is designed to broaden its scope of application, alleviate operational burdens, and optimize the registration and credit ecosystem. This initiative is a critical component of the state\u2019s broader strategy to deepen financial inclusion across the economy.<\/p>\n<p style=\"text-align: left\"><img class=\"size-medium wp-image-21392148 alignright\" src=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u062f-\u0645\u062d\u0645\u062f-\u0641\u0631\u064a\u062f-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u062f-\u0645\u062d\u0645\u062f-\u0641\u0631\u064a\u062f-300x200.jpg 300w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u062f-\u0645\u062d\u0645\u062f-\u0641\u0631\u064a\u062f-1024x684.jpg 1024w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u062f-\u0645\u062d\u0645\u062f-\u0641\u0631\u064a\u062f-768x513.jpg 768w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u062f-\u0645\u062d\u0645\u062f-\u0641\u0631\u064a\u062f-1536x1025.jpg 1536w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u062f-\u0645\u062d\u0645\u062f-\u0641\u0631\u064a\u062f.jpg 1600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p style=\"text-align: left\">Dr. Farid highlighted that the upgrade now permits individuals to register assets, empowering them to leverage movable property as collateral for financing. By integrating new demographic segments into the formal financial system, the digital registry ensures the protection of all stakeholders through a precise, high-integrity reporting framework.<\/p>\n<p style=\"text-align: left\">Movable collateral refers to non-real estate assets pledged by owners to secure financing for investment ventures. To facilitate this, Financial Regulatory Authority (FRA) established a centralized digital registry designed to record and publicly notify security interests. This platform provides a seamless, end-to-end process for the registration, modification, and discharge of movable assets.<\/p>\n<p style=\"text-align: left\">The Minister noted that this development hinges on leveraging advanced technology and internal expertise to drive structural reforms within the non-banking financial sector (NBFS). He underscored the importance of ongoing institutional synergy between the Ministry, FRA, EGX, and relevant stakeholders to enhance the competitiveness of Egypt\u2019s business environment.<\/p>\n<p style=\"text-align: left\">FRA Vice Chairman Mohamed El-Sayyad remarked that the updated version is a fundamental pillar for business development and credit expansion. He noted that the project reflects a comprehensive institutional path rooted in a clear conceptual and regulatory framework that is now central to FRA\u2019s operational identity.<\/p>\n<p><img class=\"alignnone size-medium wp-image-21392146 alignright\" src=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u0645\u062d\u0645\u062f-\u0627\u0644\u0635\u064a\u0627\u062f-\u0646\u0627\u0626\u0628-\u0631\u0626\u064a\u0633-\u0627\u0644\u0647\u064a\u0626\u0629-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u0645\u062d\u0645\u062f-\u0627\u0644\u0635\u064a\u0627\u062f-\u0646\u0627\u0626\u0628-\u0631\u0626\u064a\u0633-\u0627\u0644\u0647\u064a\u0626\u0629-300x200.jpg 300w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u0645\u062d\u0645\u062f-\u0627\u0644\u0635\u064a\u0627\u062f-\u0646\u0627\u0626\u0628-\u0631\u0626\u064a\u0633-\u0627\u0644\u0647\u064a\u0626\u0629-1024x684.jpg 1024w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u0645\u062d\u0645\u062f-\u0627\u0644\u0635\u064a\u0627\u062f-\u0646\u0627\u0626\u0628-\u0631\u0626\u064a\u0633-\u0627\u0644\u0647\u064a\u0626\u0629-768x513.jpg 768w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u0645\u062d\u0645\u062f-\u0627\u0644\u0635\u064a\u0627\u062f-\u0646\u0627\u0626\u0628-\u0631\u0626\u064a\u0633-\u0627\u0644\u0647\u064a\u0626\u0629-1536x1025.jpg 1536w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u0645\u062d\u0645\u062f-\u0627\u0644\u0635\u064a\u0627\u062f-\u0646\u0627\u0626\u0628-\u0631\u0626\u064a\u0633-\u0627\u0644\u0647\u064a\u0626\u0629.jpg 1600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p style=\"text-align: left\">El-Sayyad explained that FRA has prioritized building robust, integrated databases to serve as the foundation for agile and equitable regulatory decision-making. This digital transformation has culminated in a 24\/7 transparent\u00a0 platform that significantly eases the financing journey for Small and Medium Enterprises (SMEs).<\/p>\n<p style=\"text-align: left\">Dr. Mohamed Abdel-Aziz confirmed that the system empowers banks and investors alike to utilize movable assets with unprecedented ease. He pointed out that the immediate benefits include reduced borrowing costs, accelerated collateral verification, and mitigated credit risks, all while enabling data-driven proactive supervision.<\/p>\n<p><img class=\"alignnone size-medium wp-image-21392144 alignleft\" src=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u0627\u0644\u062f\u0643\u062a\u0648\u0631-\u0645\u062d\u0645\u062f-\u0639\u0628\u062f-\u0627\u0644\u0639\u0632\u064a\u0632-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u0627\u0644\u062f\u0643\u062a\u0648\u0631-\u0645\u062d\u0645\u062f-\u0639\u0628\u062f-\u0627\u0644\u0639\u0632\u064a\u0632-300x200.jpg 300w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u0627\u0644\u062f\u0643\u062a\u0648\u0631-\u0645\u062d\u0645\u062f-\u0639\u0628\u062f-\u0627\u0644\u0639\u0632\u064a\u0632-1024x684.jpg 1024w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u0627\u0644\u062f\u0643\u062a\u0648\u0631-\u0645\u062d\u0645\u062f-\u0639\u0628\u062f-\u0627\u0644\u0639\u0632\u064a\u0632-768x513.jpg 768w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u0627\u0644\u062f\u0643\u062a\u0648\u0631-\u0645\u062d\u0645\u062f-\u0639\u0628\u062f-\u0627\u0644\u0639\u0632\u064a\u0632-1536x1025.jpg 1536w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/\u0627\u0644\u062f\u0643\u062a\u0648\u0631-\u0645\u062d\u0645\u062f-\u0639\u0628\u062f-\u0627\u0644\u0639\u0632\u064a\u0632.jpg 1600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p style=\"text-align: left\">Assistant Chairman revealed that the cumulative value of registrations within the registry has soared to approximately EGP 4.5 trillion, representing exponential growth since the system&#8217;s inception.<\/p>\n<p style=\"text-align: left\">On the other hand, Ibrahim Sarhan, Chairman of e-finance, commended the fruitful collaboration between FRA, Ministries of Investment and Finance and the Central Bank. He emphasized that the registry\u2019s success is a testament to the integrated efforts of the state\u2019s financial leadership.<\/p>\n<p style=\"text-align: left\">Sarhan added that the development includes integration with the Egyptian Tax Authority to leverage the E-Invoicing system for factoring industry. He shed light on the implementation of three major projects in cooperation with the Authority, based on maximizing the benefits of the technological infrastructure built in partnership with the Central Bank and the Ministry of Finance, thereby supporting the state&#8217;s efforts to promote financial inclusion.\u00a0 <img class=\"size-medium wp-image-21392142 alignright\" src=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/1000229453-1-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/1000229453-1-300x200.jpg 300w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/1000229453-1-1024x684.jpg 1024w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/1000229453-1-768x513.jpg 768w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/1000229453-1-1536x1025.jpg 1536w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/02\/1000229453-1.jpg 1600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"author":113,"featured_media":21335974,"parent":0,"template":"","format":"standard","categories":[142,144],"tags":[3791,3809,4362,4363],"fra_news_taxonomy":[2137,2138],"news_paper_taxonomy":[],"_links":{"self":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news\/21392096"}],"collection":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news"}],"about":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/types\/fra_news"}],"author":[{"embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/users\/113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/media\/21335974"}],"wp:attachment":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/media?parent=21392096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/categories?post=21392096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/tags?post=21392096"},{"taxonomy":"fra_news_taxonomy","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news_taxonomy?post=21392096"},{"taxonomy":"news_paper_taxonomy","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/news_paper_taxonomy?post=21392096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}