Egypt's Financial Regulatory Authority denied social media claims that it had ordered the closure of branches of numerous nonbank finance companies and associations or suspended their operations, warning that those spreading the false information may face legal action.
Egypt Financial Regulatory Authority2026-07-27
Egypt's Financial Regulatory Authority denies false reports of orders closing nonbank finance branches
Egypt's Financial Regulatory Authority denied claims that it had ordered widespread branch closures and suspensions in the nonbank finance sector, warning that those spreading the reports may face legal action.