Egypt Financial Regulatory Authority discusses cooperation with the National Training Academy on youth financial awareness and capacity building

The Egypt Financial Regulatory Authority said its chairman, Islam Azzam, visited the National Training Academy to discuss cooperation as part of the authority’s strategy to expand awareness and build capacity in non-bank financial activities. The two sides agreed to intensify consultations in the coming period to define cooperation mechanisms, particularly to raise awareness among young people and children about non-bank financial services and solutions and to facilitate their use and investment. In the discussions, the authority highlighted its ongoing capacity-building work through the Financial Services Institute and partnerships with specialist educational institutions in Egypt and abroad. It also pointed to its financial literacy initiatives, including the I invest platform, university training programs and recent cooperation with the Ministry of Education to include non-bank financial literacy in the second year of secondary school curricula. Azzam also linked the growing number of young participants in the capital market and investment funds to a greater need for training, reliable information and continuous education, while noting the authority’s work to promote innovation and the use of financial technology and artificial intelligence in new services.