Egypt’s Financial Regulatory Authority (FRA), through its committee for approving fintech use in non-banking financial activities, authorised Azimut Investments – Egypt to set up the first digital platform in the Egyptian market for investing in real estate investment fund units. The FRA is also reviewing the prospectus for the first digital issuance of the “Halan – Azimut” real estate fund, intended to be offered through the new platform. The platform is intended to allow individuals to invest via fund certificates offered on an FRA-licensed digital channel, providing exposure to undivided ownership interests in real estate units. The authorisation follows FRA Board Decision No. 125 of 2025, which introduced the first rules governing the establishment and operation of digital platforms for investing in real estate investment fund units, and the FRA indicated that existing models must align with the new requirements; it has also held meetings with real estate developers and online platforms to clarify its regulatory approach and licensing expectations. Completion of the prospectus review is positioned as the next step ahead of launching the “Halan – Azimut” fund offering through the platform as the first digitally issued real estate investment fund in Egypt.
Egypt Financial Regulatory Authority 2025-11-13
Egypt Financial Regulatory Authority authorises Azimut Investments to establish Egypt’s first digital platform for real estate investment fund units
Egypt's Financial Regulatory Authority (FRA) has authorized Azimut Investments – Egypt to establish the first digital platform for investing in real estate investment fund units. The FRA is reviewing the prospectus for the "Halan – Azimut" real estate fund, which will be offered digitally. This follows FRA Board Decision No. 125 of 2025, setting rules for digital platforms in real estate investment, with existing models required to comply.