Egypt's Financial Regulatory Authority (FRA) said on Tuesday it had received 17 applications, including 13 to set up real estate investment funds and four for licences covering promotion, IPO advisory, and fund management. FRA Chairman Mohamed Farid said the requests complied with new regulations that allow the creation of digital platforms to trade real estate fund certificates, a move aimed at widening access to investment. Farid made the remarks at the third annual Investor Conference for real estate, where he highlighted efforts to expand financial instruments supporting the property sector. Attribution: Amwal Al Ghad English Subediting: Y.Yasser