Egypt's Financial Regulatory Authority (FRA) issued a board decision requiring investment fund administration service companies to put in place the technology and information-security infrastructure needed to electronically connect their databases with the FRA’s database, as part of a shift toward data-driven, real-time oversight of investment funds. The connection must enable the FRA to receive core fund information including the unit’s nominal value, daily data on outstanding units for each fund, daily net asset value per unit, daily net asset value of each fund, and any distributions when made in cash or as bonus units. Administration firms must also prepare unit-holder datasets including the subscriber’s full name, gender, nationality, address, and identification details for natural persons or registration and establishment details for legal persons, subject to strict confidentiality and technical controls set by the FRA. Administration firms have six months from 5 November 2025 to bring operations into compliance. Once electronic linkage is completed, the FRA plans to make investment fund unit prices available to investors on a real-time basis via its I Invest website.