FRA Opens Representative Office at Alexandria Investor Services Center to improve Services for Companies

As part of the cooperation between the General Authority for Investment and Free Zones (GAFI) and the Financial Regulatory Authority (FRA), Major General Yasser Abbas, GAFI Deputy CEO, inaugurated the FRA’s representative office at the Investor Services Center in Alexandria, on behalf of Dr Mohamed Awad, GAFI CEO. The inauguration was attended by Eng. Ayman Attia, Governor of Alexandria, and Dr Islam Azzam, Executive Chairman of the FRA.

The office is the FRA’s first representative office outside Cairo, established pursuant to Prime Ministerial Decree No. 4049 of 2025 concerning the establishment of the FRA’s branches and representative offices.

Dr Islam Azzam affirmed that the office would receive applications related to corporate financing procedures, including capital increases, and facilitate follow-up on the relevant procedures, with the range of services to be expanded gradually.

Eng. Ayman Attia underscored the importance of the office in strengthening engagement with local and foreign investors, supporting efforts to attract investment, boost exports, and create jobs.

For his part, Major General Yasser Abbas explained that the Investor Services Center brings together offices representing approximately 35 ministries and government authorities and provides services to thousands of companies and investors across Alexandria, Beheira, and Matrouh. The Center facilitates procedures throughout the investment process, from company establishment to the commencement of production.

Major General Yasser Abbas added that the opening of the office represents an addition to the range of services provided by the Center and enhances the facilities available to companies operating in non-banking financial activities, thereby supporting investment and maximizing its contribution to the national economy.