Egypt Financial Regulatory Authority and Higher Education Ministry plan joint financial literacy and investment training for students

The Egypt Financial Regulatory Authority (FRA) met with Egypt’s Ministry of Higher Education and Scientific Research to develop joint initiatives to strengthen financial awareness among university and institute students and encourage their participation in non-banking financial activities, particularly the capital market. The discussions covered ways to integrate financial literacy concepts into the educational process to better prepare students for the labour market and support financial inclusion. Planned cooperation spans awareness events and practical training, including seminars and workshops across different governorates, alongside educational videos, courses and lectures. The FRA outlined options to bridge theory and practice, including simulation-based direct investing without money and encouraging indirect investment through professionally managed funds, and noted it is expanding financial literacy activity alongside increasing new securities market registrations, with 18–30 year-olds accounting for more than 55% of new exchange investors in 2024 and youth representing around 80% of demand for new gold funds. The FRA also flagged potential collaboration with specialised faculties to develop entrepreneurship and fintech ideas, including hosting the best proposals in its FinTech Applications Lab (FRA Sandbox), and highlighted the “I invest” platform as a channel to help students understand and access non-banking financial services.