Madbouly monitors non-banking financial updates
Prime Minister Mustafa Madbouly held a discussion with the General Authority for Financial Regulatory overseeing the latest developments in the non-banking financial sector, which includes the capital market, insurance, and non-bank financing. He emphasized the sector's crucial role in supporting the national economy and protecting the rights of those involved. During the meeting, the authority's efforts to develop regulatory frameworks and keep pace with technological advancements were reviewed, with a focus on improving the quality of services and enhancing supervisory performance to increase efficiency and enable early detection of violations. The authority reaffirmed its firm stance against offenders and has taken measures to combat identity theft and protect creditworthiness, all as part of a strategy that balances supporting growth with safeguarding citizens' rights — aligning with Egypt's Vision 2030 objectives.
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