Egypt’s FRA Approves Two New Fintech Projects for Regulatory Sandbox

Egypt’s Financial Regulatory Authority (FRA) has granted preliminary approval for two new projects to join its regulatory sandbox, expanding the testing of emerging financial technologies in the country’s non-banking financial sector. The approvals were granted by the FRA committee responsible for applications to use financial technology. The initiative is part of the authority’s efforts to provide a flexible and secure regulatory environment where innovative fintech solutions can be tested befo