1 Day
Source:
المصري اليوم
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Government targets unlicensed lenders
The article focused on the actions taken by the Financial Regulatory Authority to strengthen mechanisms for secure investment and financing for women in Egypt's non-banking financial sector. The session held in Alexandria highlighted the importance of integrating women into the non-banking financial market by raising awareness of financing and investment tools, while also enhancing savings protection and risk reduction—particularly through financial technology applications that facilitate access to digital financial services. It also reviewed regulatory measures to ensure transparency and safe dealings, with an emphasis on microfinance, which supports women's economic empowerment by converting informal activities into formal ones and providing small investment opportunities that enable income diversification. These efforts are part of the government's initiatives to increase women's participation and promote sustainable financial development.
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