{"id":321640,"date":"2021-03-25T12:33:30","date_gmt":"2021-03-25T12:33:30","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=321640"},"modified":"2021-03-25T12:33:30","modified_gmt":"2021-03-25T12:33:30","slug":"fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/","title":{"rendered":"FRA agrees with Central Bank to establish fund to finance brokerage firms"},"content":{"rendered":"<p>The Central Bank of Egypt (CBE) and the Financial Regulatory Authority (FRA) have agreed, during an expanded meeting, to establish a fund to finance financial intermediation companies.<\/p>\n<p>The fund aims to increase the volume of liquidity in the Egyptian Exchange (EGX), and the entry of new investors. At the same time, it looks to increase the solvency and financial capacity of current investors.<\/p>\n<p>This agreement comes as part of the CBE\u2019s role in supporting the markets, including the EGX, and as part of its effort to stimulate EGX trading volumes.<\/p>\n<p>FRA Chairperson Mohamed Omran said that the CBE is always working to support and sustain the markets, and that there is increasing interest in the stock market\u2019s role in supporting the Egyptian government\u2019s economic development plans.<\/p>\n<p>This trend stems from the CBE\u2019s belief in the need to create an investment climate and revitalise the stock exchange by working on granting financing to financial intermediation companies through this fund.<\/p>\n<p>Omran praised the CBE\u2019s continued initiatives to support the markets, as well as the continuous coordination and cooperation between the two sides.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Egypt (CBE) and the Financial Regulatory Authority (FRA) have agreed, during an expanded meeting, to establish a fund to finance financial intermediation companies.<\/p>\n","protected":false},"author":4,"featured_media":319938,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,33],"tags":[90],"class_list":["post-321640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-main","tag-financial-regulatory-authority"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FRA agrees with Central Bank to establish fund to finance brokerage firms - egy-africa<\/title>\n<meta name=\"description\" content=\"The Central Bank of Egypt (CBE) and the Financial Regulatory Authority (FRA) have agreed, during an expanded meeting, to establish a fund to finance financial intermediation companies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA agrees with Central Bank to establish fund to finance brokerage firms - egy-africa\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Egypt (CBE) and the Financial Regulatory Authority (FRA) have agreed, during an expanded meeting, to establish a fund to finance financial intermediation companies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/\" \/>\n<meta property=\"og:site_name\" content=\"egy-africa\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-25T12:33:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/Mohamed-Omran-EFSA-3.jpg?fit=750%2C430&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"430\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aya Abdulghany\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aya Abdulghany\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/\",\"url\":\"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/\",\"name\":\"FRA agrees with Central Bank to establish fund to finance brokerage firms - egy-africa\",\"isPartOf\":{\"@id\":\"https:\/\/egy-africa.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/Mohamed-Omran-EFSA-3.jpg?fit=750%2C430&ssl=1\",\"datePublished\":\"2021-03-25T12:33:30+00:00\",\"dateModified\":\"2021-03-25T12:33:30+00:00\",\"author\":{\"@id\":\"https:\/\/egy-africa.com\/en\/#\/schema\/person\/b6ceac9edb8a4f4971905ea65a568131\"},\"description\":\"The Central Bank of Egypt (CBE) and the Financial Regulatory Authority (FRA) have agreed, during an expanded meeting, to establish a fund to finance financial intermediation companies.\",\"breadcrumb\":{\"@id\":\"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/Mohamed-Omran-EFSA-3.jpg?fit=750%2C430&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/Mohamed-Omran-EFSA-3.jpg?fit=750%2C430&ssl=1\",\"width\":750,\"height\":430,\"caption\":\"Chairperson of the FRA, Mohamed Omran,\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/egy-africa.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FRA agrees with Central Bank to establish fund to finance brokerage firms\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/egy-africa.com\/en\/#website\",\"url\":\"https:\/\/egy-africa.com\/en\/\",\"name\":\"egy-africa\",\"description\":\"Just another WordPress site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/egy-africa.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/egy-africa.com\/en\/#\/schema\/person\/b6ceac9edb8a4f4971905ea65a568131\",\"name\":\"Aya Abdulghany\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/egy-africa.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f3d34a871038964ff1f9085ae2941bc2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f3d34a871038964ff1f9085ae2941bc2?s=96&d=mm&r=g\",\"caption\":\"Aya Abdulghany\"},\"sameAs\":[\"http:\/\/egy-africa.com\",\"mohamed nour\"],\"url\":\"https:\/\/egy-africa.com\/en\/author\/aya-abdulghany\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FRA agrees with Central Bank to establish fund to finance brokerage firms - egy-africa","description":"The Central Bank of Egypt (CBE) and the Financial Regulatory Authority (FRA) have agreed, during an expanded meeting, to establish a fund to finance financial intermediation companies.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/","og_locale":"en_US","og_type":"article","og_title":"FRA agrees with Central Bank to establish fund to finance brokerage firms - egy-africa","og_description":"The Central Bank of Egypt (CBE) and the Financial Regulatory Authority (FRA) have agreed, during an expanded meeting, to establish a fund to finance financial intermediation companies.","og_url":"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/","og_site_name":"egy-africa","article_published_time":"2021-03-25T12:33:30+00:00","og_image":[{"width":750,"height":430,"url":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/Mohamed-Omran-EFSA-3.jpg?fit=750%2C430&ssl=1","type":"image\/jpeg"}],"author":"Aya Abdulghany","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Aya Abdulghany","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/","url":"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/","name":"FRA agrees with Central Bank to establish fund to finance brokerage firms - egy-africa","isPartOf":{"@id":"https:\/\/egy-africa.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/#primaryimage"},"image":{"@id":"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/Mohamed-Omran-EFSA-3.jpg?fit=750%2C430&ssl=1","datePublished":"2021-03-25T12:33:30+00:00","dateModified":"2021-03-25T12:33:30+00:00","author":{"@id":"https:\/\/egy-africa.com\/en\/#\/schema\/person\/b6ceac9edb8a4f4971905ea65a568131"},"description":"The Central Bank of Egypt (CBE) and the Financial Regulatory Authority (FRA) have agreed, during an expanded meeting, to establish a fund to finance financial intermediation companies.","breadcrumb":{"@id":"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/#primaryimage","url":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/Mohamed-Omran-EFSA-3.jpg?fit=750%2C430&ssl=1","contentUrl":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/Mohamed-Omran-EFSA-3.jpg?fit=750%2C430&ssl=1","width":750,"height":430,"caption":"Chairperson of the FRA, Mohamed Omran,"},{"@type":"BreadcrumbList","@id":"https:\/\/egy-africa.com\/en\/2021\/03\/25\/fra-agrees-with-central-bank-to-establish-fund-to-finance-brokerage-firms\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/egy-africa.com\/en\/"},{"@type":"ListItem","position":2,"name":"FRA agrees with Central Bank to establish fund to finance brokerage firms"}]},{"@type":"WebSite","@id":"https:\/\/egy-africa.com\/en\/#website","url":"https:\/\/egy-africa.com\/en\/","name":"egy-africa","description":"Just another WordPress site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/egy-africa.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/egy-africa.com\/en\/#\/schema\/person\/b6ceac9edb8a4f4971905ea65a568131","name":"Aya Abdulghany","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/egy-africa.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f3d34a871038964ff1f9085ae2941bc2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f3d34a871038964ff1f9085ae2941bc2?s=96&d=mm&r=g","caption":"Aya Abdulghany"},"sameAs":["http:\/\/egy-africa.com","mohamed nour"],"url":"https:\/\/egy-africa.com\/en\/author\/aya-abdulghany\/"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/Mohamed-Omran-EFSA-3.jpg?fit=750%2C430&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pcF3XZ-1lFK","_links":{"self":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts\/321640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/comments?post=321640"}],"version-history":[{"count":1,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts\/321640\/revisions"}],"predecessor-version":[{"id":321641,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts\/321640\/revisions\/321641"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/media\/319938"}],"wp:attachment":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/media?parent=321640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/categories?post=321640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/tags?post=321640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}