{"id":23464252,"date":"2026-06-17T14:11:11","date_gmt":"2026-06-17T11:11:11","guid":{"rendered":"https:\/\/fra.gov.eg\/fra_news\/%d8%a7%d9%84%d9%87%d9%8a%d8%a6%d8%a9-%d8%a7%d9%84%d8%b9%d8%a7%d9%85%d8%a9-%d9%84%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%b3%d8%aa%d8%b6%d9%8a%d9%81\/"},"modified":"2026-06-21T13:51:50","modified_gmt":"2026-06-21T10:51:50","slug":"%d8%a7%d9%84%d9%87%d9%8a%d8%a6%d8%a9-%d8%a7%d9%84%d8%b9%d8%a7%d9%85%d8%a9-%d9%84%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%b3%d8%aa%d8%b6%d9%8a%d9%81","status":"publish","type":"fra_news","link":"https:\/\/fra.gov.eg\/en\/fra_news\/%d8%a7%d9%84%d9%87%d9%8a%d8%a6%d8%a9-%d8%a7%d9%84%d8%b9%d8%a7%d9%85%d8%a9-%d9%84%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%b3%d8%aa%d8%b6%d9%8a%d9%81\/","title":{"rendered":"FRA Hosts Delegation from Algeria\u2019s Commission for the Organization and Supervision of Stock Market Operations (COSOB) \u2013 Wednesday 17 June 2026"},"content":{"rendered":"

Dr. Islam Azzam, FRA Chairman:<\/span><\/strong><\/p>\n

“Fostering regional collaboration and exchanging expertise with our Arab and African peers is a core commitment. Knowledge-sharing sits at the very heart of FRA\u2019s strategic priorities.”<\/span><\/strong><\/p>\n

Financial Regulatory Authority (FRA) received a delegation from Algeria\u2019s Commission for the Organization and Supervision of Stock Market Operations (COSOB). FRA organized a professional knowledge-sharing program for the delegation from June 15 to 17. This initiative comes within the framework of strengthening joint cooperation and exchanging regulatory and supervisory experiences in the fields of capital markets and non-banking finance, thereby supporting efforts to develop financial markets and enhance their efficiency and sustainability.<\/p>\n

Dr. Islam Azzam, FRA Chairman welcomed Mr. Youcef Bouzenada, Chairman of Algeria\u2019s COSOB, and his accompanying delegation to Egypt. Dr. Azzam underscored the Authority’s strong commitment to foster regional collaboration m adding that exchanging expertise with Arab and African countries is a core commitment , alongside showcasing Egypt\u2019s regulatory framework for governing non-banking financial activities and learning from international best practices.<\/p>\n

FRA Chairman highlighted recent developments in the capital market, such as the launch of derivatives and the introduction of futures contracts. He also reviewed performance indicators for investment funds in Egypt, digital platforms for investing in real estate investment funds and other fintech-driven advancements.<\/p>\n

The two sides exchanged information regarding the legislative environment, regulatory and supervisory frameworks, and the incentives provided by both countries to investors to stimulate markets and support their national economies. They also discussed promoting financial inclusion which serves as a strategic objective for both Egypt and Algeria at the current stage.<\/p>\n

The itinerary of the visit included a series of meetings and technical sessions that reviewed Egyptian expertise in developing legislative frameworks governing the capital, insurance, and financing markets. The sessions also addressed ways to enhance cooperation and knowledge exchange between both sides.<\/p>\n

The Algerian delegation gained close insights into the organization of venture capital funds, including incorporation, licensing, and governance procedures. They also examined the mechanisms for regulating and monitoring investment funds, as well as FRA\u2019s role in enhancing investor protection and improving the efficiency of periodic follow-ups in line with international best practices.<\/p>\n

The program also highlighted the legislative and regulatory reforms introduced by FRA to develop the capital market. It outlined the Authority’s forward-looking strategy and key milestones, focusing on capacity building, accelerating financial literacy, driving financial inclusion, and raising public awareness of non-banking financial products and services.<\/p>\n

Last day featured discussions on developing financial products and diversifying financing instruments. It also touched upon FRA’s experience in digital transformation, FinTech and regulatory technology (RegTech) applications, as well as new mechanisms in risk management and compliance which enhances market efficiency and raises standards of regulation and supervision.<\/p>\n

The visit highlighted a shared commitment to technical cooperation aimed at enhancing bilateral regulatory frameworks and fostering closer integration among Arab regulatory authorities.<\/p>\n","protected":false},"author":94,"featured_media":23389691,"parent":0,"template":"","format":"standard","categories":[142,144],"tags":[3704,3791,3910,4137,5161,5162,5163],"fra_news_taxonomy":[2137,2138],"news_paper_taxonomy":[],"_links":{"self":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news\/23464252"}],"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\/94"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/media\/23389691"}],"wp:attachment":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/media?parent=23464252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/categories?post=23464252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/tags?post=23464252"},{"taxonomy":"fra_news_taxonomy","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news_taxonomy?post=23464252"},{"taxonomy":"news_paper_taxonomy","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/news_paper_taxonomy?post=23464252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}