FRA revokes licences of 258 microfinance NGOs for regulatory non-compliance

[Daily News Egypt - Egypt] - 16/11/2025
The Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has issued Decision No. 258 of 2025 revoking the microfinance licences of 258 NGOs classified under Category “C”. The action follows extensive monitoring and inspection that revealed persistent non-compliance with the (…)
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