The Egypt Financial Regulatory Authority, via its Committee for the Establishment and Licensing of Companies, approved licences for two firms to carry out brokerage in futures contracts and authorised another entity to operate a real estate investment fund. The futures brokerage approvals were granted to Arab African International Securities and Bonds Trading and Al Ahly Pharos Securities Trading. The committee also licensed SAFE Real Estate Investment Fund to conduct real estate investment fund activity, within its remit under the FRA chairman’s Decision No. 3060 of 2023 to approve incorporation and licensing of supervised non-banking financial services firms and related corporate actions.