Despite the decision of the Financial Regulatory Authority (FRA) to suspend the issuance of new brokerage licenses in Egypt [4], Enzo Insurance Brokerage has been granted a license to operate.
Companies that applied before the FRA's decision can, in fact, resume the procedure.
At the end of 2019, Enzo Insurance Brokerage obtained the initial approval to operate without any breach of the FRA's decision.
Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fa-new-brokerage-company-in-egypt&text=A+new+brokerage+company+in+Egypt
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fa-new-brokerage-company-in-egypt&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/pandemic-risk-future-eldorado-of-insurers
[4] https://www.atlas-mag.net/en/article/insurance-and-reinsurance-brokerage-suspension-of-licences-issuance