FRA Approves New Real Estate Funds & Financing Firms in Egypt

Egypt’s Financial Regulatory Authority (FRA) has approved eight new corporate licences under its non-banking financial services framework. The authorisations include the establishment of Bokra Private Equity Investment Fund and Bokra Venture Capital Investment Fund, as well as a Metals Investment Fund under Bokra Investment.

The committee also approved SAFE Real Estate Fund and SAFE for Underwriting and Real Estate Fund Management to operate in real estate investment.

On the non-banking financing side, Sahala for MSME Financing was licensed to provide medium and small enterprise financing. Act Financial Holding received authorisation to conduct investment fund activities. Additionally, Sadara Holding was permitted to expand its mandate by adding underwriting services.

These approvals came from the FRA’s Committee for the Establishment and Licensing of Companies, which under the 2023 regulatory framework oversees licensing, activity expansion, and corporate amendments for firms in the non‑banking finance sector.