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Entities operating in microfinancing activity in Egypt increased to 1,026 by the end of March 2022: FRA

The Financial Regulatory Authority (FRA) revealed that the number of entities licensed to engage in microfinancing activity increased by 36 during the first quarter (1Q) of 2022. The authority clarified in a recent report that these entities are divided into 32 bodies and civil institutions along with four companies, bringing…

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