The agreement aims to establish and equip a dedicated commercial registry office at the FRA’s headquarters, supporting ongoing efforts to modernise Egypt’s commercial registry system and enhance service quality for businesses and investors. The protocol was signed by Mohamed Abdel-Hamid El-Sayyad, Vice Chairperson of the FRA, and Mohamed Awad, Chairperson of the ITDA. Providing premium commercial registry services at the FRA will significantly reduce the time and effort required for company registration and amendments, helping to foster a more competitive and attractive investment environment. For his part, Minister Sherif Farouk stated that the protocol forms part of the ministry’s plan to upgrade and modernise commercial registry services and expand premium service offerings. He reaffirmed the ministry’s commitment to strengthening institutional partnerships to improve the business environment and enhance investor confidence in Egypt’s commercial registry system.
Source: Daily News Egypt January 20, 2026 18:24 UTC