
Egypt: FRA-supervised financing hit $13bln by June 2025
These financing includes capital market and non-banking financing activities.
According to the FRA, equity issuances accounted for EGP 334.8 billion, while securities issuances other than shares totaled EGP 52.5 billion.
Financial leasing contracts stood at EGP 84.4 billion, financing for medium, small, and micro enterprises amounted to EGP 49.2 billion, consumer financing reached EGP 38.1 billion, and mortgage finance stood at EGP 22.1 billion.
The value of collateral on movable assets in the movable collateral registry reached EGP 3.7 trillion by the end of June 2025.
Financing balances for small, medium, and micro (SMEs) enterprises were recorded at EGP 84.8 billion.
In the insurance sector, total premiums collected amounted to EGP 56.8 billion.
Property and liability insurance premiums reached EGP 32.3 billion, while personal and capital accumulation insurance premiums totaled EGP 24.5 billion.
The sector paid EGP 29 billion in compensation, with property and liability claims amounting to EGP 14 billion and personal and capital accumulation claims totaling EGP 15 billion.
Investments of private insurance funds stood at EGP 13.9 billion by the end of June 2025.
© 2025 All Rights Reserved Arab Finance For Information Technology Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Broadcast Pro
18 hours ago
- Broadcast Pro
OQ Technology launches 5NETSAT for direct satellite-to-phone links
Backed by the European Innovation Council, the 5NETSAT mission will deliver secure 5G satellite messaging and emergency alerts to unmodified smartphones, advancing Europes digital sovereignty and space innovation. OQ Technology has launched its flagship 5NETSAT mission, backed by a 2.5m grant from the European Innovation Council (EIC) under the EIC Accelerator programme. The mission aims to demonstrate direct satellite-to-smartphone communication capabilities, including emergency SMS and broadcast alerts delivered to standard 5G devices using IMT spectrum. These services will operate without any hardware or software modifications, marking a significant leap in Europes secure space-based communications infrastructure. In addition to the grant, OQ Technology has secured equity investment from the EIC Fund, reinforcing the European Unions confidence in the companys trajectory to become the regions first commercial Direct-to-Mobile (D2M) satellite operator. The dual support comes amid heightened geopolitical attention on sovereign digital infrastructure and resilient communication networks. Omar Qaise, Founder and CEO of OQ Technology, said: 'This marks a significant milestone in our journey to build Europes first commercial Direct-to-Mobile satellite constellation. With 5NETSAT, we are proving that secure, space-based mobile communication is not only technically viable but scalable, sustainable, and lifesaving.' 5NETSAT will serve as Europes first service demonstration of a 5G Non-Terrestrial Network (NTN) in Low Earth Orbit. It will enable satellite-based delivery of emergency alerts and SMS messages to 5G smartphones, allow real-time public safety communications during disasters or cyberattacks, and support secure coordination for first responders and national emergency agencies. The systems compatibility with standard 3GPP smartphones allows for rapid deployment across both civilian and governmental applications. Beyond technical validation, the mission is expected to deliver a wide-ranging impact. Socially, it promotes digital inclusion for underserved regions and improves public safety. Economically, it supports innovation, creates high-value jobs in the European space sector, and opens new commercial opportunities through mobile-satellite convergence. Environmentally, it reduces dependence on terrestrial infrastructure and aligns with the European Green Deal by enabling greener connectivity. 5NETSAT also supports key EU policy initiatives, including IRIS², The Digital Decade, Horizon Europe, and the Gigabit Infrastructure Act. It directly contributes to global Sustainable Development Goals, especially in areas such as disaster resilience, climate action, innovation, and cross-sector collaboration. With EIC funding secured, 5NETSAT becomes the critical first step toward full-scale deployment of OQ Technologys global D2M constellation. The company is advancing rapidly toward commercial launch, unlocking new markets and delivering secure, resilient mobile connectivity across Europe and beyond.


Zawya
19 hours ago
- Zawya
South Africa: Global leaders unite in Cape Town to transform water investment strategy
For the first time on African soil, the African Union's Africa Water Investment Programme (AU-AIP) Water Summit 2025, places water security at the heart of global climate and finance discussions, aiming to shift from fragmented water investments to a coherent, co-ordinated, and well-capitalised global effort. Source: GCIS. President Cyril Ramaphosa urged that water investment be central to finance discussions at the AU-AIP Water Summit 2025, which aligns with the launch of the Rand Water Zuikerbosch System Purification Plant in Vereeniging which he attended last week. 'Water investment must be at the centre of these discussions and be financed, tracked and championed,' President Ramaphosa said. He was speaking at the opening of the African Union - Africa Water Investment Programme (AU-AIP) Water Summit 2025, currently underway at the Cape Town International Convention Centre (CTICC). Under the theme: 'Solidarity, Equality and Sustainability', the three-day summit, which kicked off on Tuesday, 12 August 2025 takes place during South Africa's G20 Presidency. It aims to place Africa's development challenges at the centre of the global agenda and to help address the continent's $30bn annual water-investment gap. In his address, President Ramaphosa challenged the attending Heads of State and delegates to leave the summit with deals, pipelines, partnerships and a permanent global mechanism to sustain the momentum. 'The matchmaking sessions planned for this summit should create long-lasting partnerships and increased investments in water. Let us build a world where every drop counts and every community thrives - a world where water is recognised as a human right and not weaponised against women, children and communities,' the President said. Global Outlook Council on Water Investments The summit also marked the launch of the Global Outlook Council on Water Investments, an initiative that will see the Africa Water Investment Programme scaled up into a Global Water Investment Platform. The President highlighted that the Global Outlook Council on Water Investment will serve as the world's premier high-level political and investment platform on water. President Ramaphosa described the Council as the world's premier high-level political and investment platform on water. 'It will mobilise leadership, capital and innovation to transform water from a crisis sector into an opportunity sector,' he said, adding that the initiative will align with the investment theme of the 2026 United Nations Water Conference: 'Ensure availability and sustainable management of water and sanitation for all'. 'It will track progress, unlock finance, report annually and align efforts across the G20, UN, multilateral development banks and the private sector. It will mobilise the leadership, capital and innovation required to transform water from a crisis sector into an opportunity sector,' President Ramaphosa said. He emphasised that the continent is looking forward to the alignment of the Global Outlook Council initiative with the investment theme of the 2026 United Nations Water Conference. The invited leaders that will work with the South Africa G20 Presidency as co-chair in the leadership of the council are United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan, Prime Minister Mia Mottley of Barbados, and co-chairperson of the Bill & Melinda Gates Foundation, Bill Gates. Alternate co-chairs include former Tanzanian President Jakaya Kikwete and UN Deputy Secretary-General Amina J. Mohammed, who will facilitate effective broad engagement of the Council members. The invited leaders, as Council Members, include: • President Luiz Inácio Lula da Silva of Brazil. • President Claudia Sheinbaum of Mexico. • Crown Prince Mohammed bin Salman of Saudi Arabia. • Prime Minister Narendra Modi of India. • Prime Minister Anthony Albanese of Australia. • Prime Minister Keir Starmer of the United Kingdom. • Chancellor Friedrich Merz of Germany. • Prime Minister Giorgia Meloni of Italy. • President Ursula von der Leyen of the European Commission. • President João Lourenço of Angola and African Union Chai. • President Bassirou Diomaye Faye of Senegal, who is co-host of the UN 2026 Water Conference. The Council will be supported by a network of global leaders acting as 'Council Champions' to strengthen advocacy and mobilise resources. President Ramaphosa commended the leaders, who have stepped forward to confront and overcome a challenge faced by billions of people across the world. 'In the words of the founding president of the democratic South Africa, Nelson Rolihlahla Mandela: 'It is now in our hands.' Let the work begin. Let us leave no-one behind."


Zawya
19 hours ago
- Zawya
RAK Properties says revenue funds available for future expansion
RAK Properties said its capital and reserves rose 3 percent year-on-year to 5.7 billion UAE dirhams ($1.6 billion) in the first half of 2025, which shows 'clear and positive visibility' into its revenue funds for future expansion. Total assets grew by 3.5 per cent YoY to AED 8.3 billion, the developer said in a statement published on the Abu Dhabi Securities Exchange. The company's development backlog – an indicator of future revenue and cashflow certainty – reached AED2.6 billion, rising 42 percent YoY. This was fuelled by a 59 percent YoY surge in the number of units sold at 788. The delivery of projects at Mina master development will continue for the rest of 2025 and into 2026, the statement said. Work on projects such as Bay Residences, Granada II, and Cape Hayat is moving ahead, while contracts have been awarded and site work is underway for Bay Views, Edge, and Quattro Del Mar. RAK Properties expects to deliver more than 800 units before year-end, the statement said. (Writing by P Deol; Editing by Anoop Menon) (