The Clap
The FRA and the General Authority for Investments & Free Zones have formed a joint committee to cooperate on applying new decisions to EGX-listed companies as well as non-banking financial institutions.
The Committee
The committee will comprise of the leaders in both entities to work together on all common files.
Committee’s Role
The committee will be responsible for speeding up the merger processes for companies supervised by the FRA, in addition to cooperating to solve investors’ problems, which will improve the investment environment as a whole.
The committee will meet twice a month and submit its reports to the two bodies’ presidents.
General Authority for Investments & the FRA team up 🤝
