Egypt's Financial Regulatory Authority (FRA) has approved on Thursday the creation of the country's first digital platform for real estate fund investments, marking a milestone in the digital transformation of the non-banking financial sector. The approval was granted to Azimut Investments – Egypt, with the FRA currently reviewing the subscription prospectus for the first digital issuance of the Halan – Azimut Real Estate Fund, which will be offered through the new platform. Once launched, it will become Egypt's first fully digital real estate investment fund. The platform will enable individual investors to acquire shared ownership of real estate units through investment certificates issued via FRA-licensed digital channels, offering a more accessible and innovative way to invest in the property market. The fund's board features a mix of financial institutions and real estate developers, including representatives from MNT Tech Holding, Azimut Investments, and independent members Hassan Allam, Hala El-Hadidi, Nora Mashhour, and Mohamed Alawi. The FRA said the move aligns with Board Resolution No. 125 of 2025, which sets the first regulatory framework for digital real estate investment platforms, ensuring investor protection and supporting sector growth and stability. The authority is also encouraging existing platforms to comply with the new regulations and is facilitating real estate developers' access to investors through professionally managed funds. The FRA has held consultations with developers and digital platforms to clarify licensing requirements and its regulatory vision, part of a broader strategy to combine technological innovation with robust oversight in Egypt's non-banking financial markets. Attribution: Amwal Al Ghad English
