Egypt's Financial Regulatory Authority to Establish Regional Centre for Sustainable FinanceSource: www.export-egypt.com 10/14/2019, Location: Africa |
|
|
|
|
|
Egypt's Financial Regulatory Authority (FRA) approved on Monday the establishing of the Regional Centre for Sustainable Finance (RCSF), which aims to accelerate the shift to a sustainable and green economy and create a research and information database which is required for companies and corporations to make decisions.
Head of the FRA Mohamed Omran said in a statement released on Monday that the new centre is one of the FRA's initiatives to achieve the Sustainable Development Goals that have been set by the UN General Assembly for 2030, as well as Egypt's sustainable development vision 2030. "The centre will have a regional role to play in the MENA region in the areas of recognising the available investment opportunities for the non-banking sector to finance sustainable, green projects and to develop new financial tools," Omran said. "The new centre will support African and Arab economic integration, introducing solutions to bridging financing gaps, and involve small and medium sized enterprises to open new markets under the umbrella of the AU agenda till 2063, especially as Egypt chairs it the current round," Omran said. African Union reports show that Africa has the second fastest growth rate in the world, with an annual growth rate at 4.6 percent from 2000 to 2016, while Africa's real GDP is expected to grow by 3.9 percent annually till 2022. |
|
|
Financials and Investment News in Egypt >> |
 |
|||||
|
Egypt >> 9/19/2024 - Egypt is having a special participation at the IFTM-Top Resa exhibition, which lasts until Sept.19 in Paris.
Egypt’s pavilion has more than... |
Egypt >> 9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...
|
|
Egypt >> 9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...
|
Egypt >> 9/18/2024 - Benchmark index EGX 30 was up 0.61 percent to 30,342.46 points, with the Shariah index climbing by 0.20 percent to reach 2,879.64 points.
E... |
|
Egypt >> 9/18/2024 - The British company Globeleq is set to collaborate with the Egyptian government in establishing a substantial project for green hydrogen production, a...
|
Egypt >> 9/18/2024 - Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar asserted the importance of cooperating with South Africa in the field...
|
| Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | |
