The Financial Regulatory Authority (FRA) of Egypt has signed a Memorandum of Understanding (MoU) with the French Development Agency (AFD) to foster sustainable finance within the country’s non-banking financial sector. Witnessed by FRA Chairman Dr. Mohamed Farid and French Ambassador Eric Chevalier, the partnership signifies a milestone in Egypt’s pursuit of the UN’s Sustainable Development Goals (SDGs). Backed by European Union funding, the collaboration focuses on enhancing capacity, integrating ESG practices, and promoting climate finance. Key initiatives include legislative support for green bonds, ESG risk management, and technical assistance to align the sector with international sustainability standards.

Read more : https://fra.gov.eg/en/fra_news/%d8%a7%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%d9%88%d9%82%d8%b9-%d9%85%d8%b0%d9%83%d8%b1%d8%a9-%d8%aa%d9%81%d8%a7%d9%87%d9%85-%d9%85%d8%b9-%d8%a7%d9%84-2/