The Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has granted the Egyptian Exchange (EGX) its first licence to operate futures exchanges for derivatives based on securities listed on the Egyptian market. Financial derivatives are contracts whose value is derived from an underlying asset, such as shares, price indices, or other instruments determined by the Authority. “The FRA has worked over many months to establish a regulatory and legislative framework suitable for derivatives trading in Egypt. Derivatives are globally recognised as essential tools for risk management, market stability, and attracting a broader investor base,” Farid said. He said foreign investment funds have already shown interest in trading derivatives in Egypt, signalling growing international confidence in the local market.

Source: Daily News Egypt January 18, 2026 18:46 UTC