Seven non-banking financial institutions have been recognized for their sustainable business practices by the Financial Regulatory Authority, the regulator said in a statement (pdf). EFG Hermes, EFG Hermes Corp-Solutions, Tamweely, AXA Life Ins, Gig Egypt, and the ins. funds for employees of the New and Renewable Energy Authority (NREA) and the Central Agency for Public Mobilization and Statistics (Capmas) all were announced winners of a competition hosted by the FRA’s sustainability arm, the Regional Center for Sustainable Finance (RCSF).

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