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New independent survey data from YouGov and Daleel highlights growing financial inclusion, but also reveals gaps in consumer confidence and engagement
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Zawya
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- Zawya
'Nawy Shares' leads the transformation towards regulating fractional real estate investment in Egypt
In light of the recent statement issued by the Financial Regulatory Authority (FRA) regarding the initiation of concrete steps by several digital platforms specializing in fractional real estate investment to establish investment funds and obtain the necessary licenses for underwriting and promotion activities, Nawy Shares proudly affirms its position as the first entity to champion this regulatory path forward under the leadership and supervision of the FRA. Nawy Shares is the fractional investment arm of Nawy, Egypt's leading real estate platform. It was launched to provide flexible and secure investment opportunities in the real estate market, enabling individuals to own shares in real estate units thus promoting financial inclusion and expanding access to real estate investment. Nawy Shares extends its sincere appreciation to the Financial Regulatory Authority for its pioneering efforts in regulating Egypt's non-banking financial sector, its commitment to protecting investors, and its dedication to reinforcing principles of transparency and trust in this vital industry. For over a year and a half, Nawy Shares has worked closely with the FRA's technical and legal departments to understand the legislative and regulatory requirements needed to formalize its business model. We commend the Authority's diligent work in establishing a clear and robust regulatory framework for fractional real estate investment models one that ensures investor protection and long-term sector growth. The Authority's announcement today marks a significant milestone and a culmination of collaborative efforts, laying the groundwork for a promising and well-regulated investment sector. In its official statement, the FRA noted: 'The positive response from the applying companies reflects a growing awareness of the importance of adhering to legal frameworks and a clear desire to operate under an organized regulatory umbrella that safeguards all parties and contributes to market stability.' Nawy Shares considers this recognition from the Authority a testament to its unwavering commitment, from day one, to legal compliance and regulatory alignment and to building a reliable, innovative investment model. Ayman Magdy, Managing Director of Nawy Shares, commented: 'At Nawy Shares, we are proud to be at the forefront of this transformation. What began as an idea has now become a tangible, regulated reality. From concept to execution, our vision has always been to empower individuals to invest in real estate in a smart and secure way. We are excited to continue this journey under a clear regulatory framework that protects investors and enhances market confidence.' Nawy Shares is proud to be one of the first platforms to officially submit a request to establish a real estate investment fund and obtain the necessary licenses a move that reflects its deep commitment to operating within a sustainable and legally sound environment. Nawy Shares looks forward to continue collaboration with the Financial Regulatory Authority and all stakeholders to grow and support this innovative investment model, offering secure, accessible, and forward-looking opportunities tailored to the needs of Egyptian investors.


Middle East Eye
a day ago
- Middle East Eye
Majority of British people support arms embargo on Israel
A majority of British people support a full arms embargo on Israel, according to a new poll commissioned by the Palestine Solidarity Campaign. The poll, conducted by Opinium Research between 30 May and 2 June, found that 57 percent of people think the UK should impose a full arms embargo, with only 13 percent opposed. The poll also found 53 percent of people think Israel should be expelled from the United Nations, while 50 percent said Israeli products in supermarkets should be boycotted. Fifty-four percent backed sanctioning far-right Israeli Finance Minister Bezalel Smotrich, who has been a staunch supporter of Israel's total blockade of the Gaza Strip that has left over 93 percent of the population suffering from acute food insecurity. Increasing numbers of public figures in the UK are speaking out against Israel's war on Gaza, which has killed at least 54,607 Palestinians and wounded 125,341 since 7 October 2023. New MEE newsletter: Jerusalem Dispatch Sign up to get the latest insights and analysis on Israel-Palestine, alongside Turkey Unpacked and other MEE newsletters Last week, more than 300 artists signed an open letter to Prime Minister Keir Starmer calling for an end to British arms sales to Israel. The new poll comes after a similar survey showed public support for Israel in European countries had fallen to its lowest recorded level. Support for Israel in Europe drops to record low, finds YouGov poll Read More » According to a survey by YouGov last month, fewer than a fifth of respondents in six countries held a favourable view of Israel. The poll was conducted between 12 and 26 May in Britain, France, Germany, Denmark, Spain and Italy. Middle East Eye revealed on Tuesday that the US has been pressuring the UK not to back a French proposal to recognise a Palestinian state. France is reportedly gearing up to unilaterally recognise Palestine at an upcoming UN conference. MEE understands that France has been lobbying Britain to do so as well. Prominent Israeli diplomat Alon Pinkas told MEE this week that Macron's push to recognise Palestinian statehood 'is serious and has the backing of most of the European Union and Saudi Arabia'. French officials believe the British government is on board with the plan, according to French media.


Zawya
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- Zawya
In line with its vision to 'Lead the Future', Orange Jordan sponsors GWTS 2025 Summit
Orange Jordan sponsored the Global Women in Tech and Digital Transformation Summit (GWTS 2025), held under the patronage of H.E. Minister of Digital Economy and Entrepreneurship, Eng. Sami Smeirat, and attended by prominent leaders, experts, and pioneers from Jordan and the region. The sponsorship highlights Orange Jordan's commitment to its 'Lead the Future' vision and its sustainable strategy focused on digital inclusion, education, and entrepreneurship, driving innovation and a more inclusive digital future. The CEO of Orange Money, Eng. Heba Al-Sharif, highlighted Orange Jordan's role in offering innovative digital solutions that enhance financial inclusion and support women in tech. She emphasized the company's commitment to empowering women through accessible and secure digital financial services. Orange Jordan continues to harness the power of technology to empower diverse segments of society through forward-looking digital initiatives and impactful community programs. With a strong focus on youth, the company is committed to using its digital leadership to drive sustainable, positive change across the Jordanian community. It is worth noting that the summit serves as an international platform dedicated to empowering women in the technology sector and strengthening their presence and impact in fields such as AI, fintech, and entrepreneurship. By fostering knowledge exchange and building meaningful networks, the summit plays a vital role in promoting diversity across the global tech industry. To learn more, please visit our website: About Orange Jordan Orange Jordan, with over 1800 employees across nearly 300 shops and locations throughout Jordan, strives to provide the best customer experience through an integrated set of digital solutions including fixed lines, mobile lines, internet, data, and Smart Life Solutions to around 4.6 million customers in Jordan. Orange Jordan is a subsidiary of Orange Global Group, which is present in 26 countries worldwide. In line with the Group's strategy 'Lead the Future' and through its positioning as a true responsible digital leader, Orange Jordan supports the national digital transformation vision. Orange Jordan prioritizes community service, and in this context, it implements a comprehensive CSR strategy that revolves around 4 pillars including digital education, digital inclusion, entrepreneurship, climate, and environment. In addition to serving individual customers, Orange Jordan offers tailored solutions for businesses through its sub-brand, (Orange Business). To learn more, please visit our website: About Orange Orange is one of the world's leading telecommunications operators with revenues of 40.3 billion euros in 2024 and 127,000 employees worldwide at 31 December 2024, including 71,000 employees in France. The Group has a total customer base of 291 million customers worldwide at 31 December 2024, including 253 million mobile customers and 22 million fixed broadband customers. These figures account for the deconsolidation of certain activities in Spain following the creation of MASORANGE. The Group is present in 26 countries (including non-consolidated countries). Orange is also a leading provider of global IT and telecommunication services to multinational companies under the brand Orange Business. In February 2023, the Group presented its strategic plan "Lead the Future", built on a new business model and guided by responsibility and efficiency. "Lead the Future" capitalizes on network excellence to reinforce Orange's leadership in service quality.