Islamic Finance

Egypt’s Financial Regulator prioritises digital transformation, fintech in 2025 vision


Published 25 Jul,2021 via Daily News Egypt - Mohamed Omran, Chairperson of Egypt’s Financial Regulatory Authority (FRA), has announced that the authority’s Board of Directors has prioritised digital transformation and financial technology (fintech) in its 2025 vision.

The move, which came at its last meeting, is part of the FRA’s “Future Authority 2025” vision. It has also defined a road map for its future and the activities it monitors for the coming period, to serve as the basis on which the next Board of Directors can build on.

The road map aims to prepare the second phase of the comprehensive strategy for non-banking financial activities for the next four years, covering 2022 to 2026.

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Daily News Egypt