{"id":558740,"date":"2021-08-24T03:58:28","date_gmt":"2021-08-24T03:58:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/"},"modified":"2021-08-24T03:58:28","modified_gmt":"2021-08-24T03:58:28","slug":"fra-makes-operations-easier-for-charitable-funds","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/","title":{"rendered":"FRA makes operations easier for charitable funds"},"content":{"rendered":"

Endowments of registered local charities will only be required to set aside a <\/strong>maximum of <\/strong>EGP 5 mn, or 2% of local funds, to remain uninvested for institutional activities under a new decree<\/a> by the Financial Regulatory Authority that places caps on the size of the reserve funds required for a fund to begin operating.<\/p>\n

Hassan Allam Construction<\/strong> has been awarded<\/a> a new contract for an<\/strong> infrastructure project in Toshka<\/strong>, comprising 180 km of road networks and 265 km of irrigation canals.<\/p>\n","protected":false},"excerpt":{"rendered":"

Endowments of registered local charities will only be required to set aside a maximum of EGP 5 mn, or 2% of local funds, to remain uninvested for institutional activities under a new decree by the Financial Regulatory Authority that places caps on the size of the reserve funds required for a fund to begin operating. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,72,76,890,7111,9107,875],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-558740","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-enterpriseam","tag-financial-regulatory-authority","tag-hassan-allam-holding","tag-infrastructure","tag-irrigation","tag-new-administrative-capital","wpautop","entry"],"acf":{"mongo_id":"c4d143ba-70cc-42a2-b8e3-d34988b8a1aa","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[558721],"teaser":"","voice_url":""},"yoast_head":"\nFRA makes operations easier for charitable funds - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA makes operations easier for charitable funds\" \/>\n<meta property=\"og:description\" content=\"Endowments of registered local charities will only be required to set aside a maximum of EGP 5 mn, or 2% of local funds, to remain uninvested for institutional activities under a new decree by the Financial Regulatory Authority that places caps on the size of the reserve funds required for a fund to begin operating. […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-24T03:58:28+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FRA makes operations easier for charitable funds\",\"datePublished\":\"2021-08-24T03:58:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/\"},\"wordCount\":85,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ALSO ON OUR RADAR\",\"EnterpriseAM\",\"Financial Regulatory Authority\",\"Hassan Allam Holding\",\"infrastructure\",\"irrigation\",\"new administrative capital\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/\",\"name\":\"FRA makes operations easier for charitable funds - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-08-24T03:58:28+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FRA makes operations easier for charitable funds\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"FRA makes operations easier for charitable funds - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/","og_locale":"en_US","og_type":"article","og_title":"FRA makes operations easier for charitable funds","og_description":"Endowments of registered local charities will only be required to set aside a maximum of EGP 5 mn, or 2% of local funds, to remain uninvested for institutional activities under a new decree by the Financial Regulatory Authority that places caps on the size of the reserve funds required for a fund to begin operating. […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-08-24T03:58:28+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"FRA makes operations easier for charitable funds","datePublished":"2021-08-24T03:58:28+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/"},"wordCount":85,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["ALSO ON OUR RADAR","EnterpriseAM","Financial Regulatory Authority","Hassan Allam Holding","infrastructure","irrigation","new administrative capital"],"articleSection":["Also on our Radar"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/","name":"FRA makes operations easier for charitable funds - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2021-08-24T03:58:28+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/fra-makes-operations-easier-for-charitable-funds\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"FRA makes operations easier for charitable funds"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":548972,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/29\/hassan-allam-lands-another-toshka-contract-more-wheat-courtesy-of-romania\/","url_meta":{"origin":558740,"position":0},"title":"Hassan Allam lands another Toshka contract + More wheat, courtesy of Romania","author":"enterpriseam admin","date":"29 August 2022","format":false,"excerpt":"Hassan Allam Construction to work on Toshka irrigation project: Hassan Allam Construction, a subsidiary of Hassan Allam Holding, has been awarded a contract to install irrigation infrastructure as part of the project to reclaim land in Toshka for wheat production, the company said in a statement last week. Under the\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550205,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/18\/investors-expect-14-deval-ahead-of-imf-facility-plus-news-from-hassan-allam-oc-and-schneider\/","url_meta":{"origin":558740,"position":1},"title":"Investors expect 14% deval ahead of IMF facility. Plus: News from Hassan Allam, OC and Schneider","author":"enterpriseam admin","date":"18 October 2022","format":false,"excerpt":"EGP WATCH- Investors see 14% deval ahead of IMF agreement: Three-month non-deliverable forwards on the EGP \u2014 i.e., where investors think the currency could end up in three months\u2019 time \u2014 slipped to EGP 22.90 against the greenback on Monday, Bloomberg reports. That suggests the EGP could have another 14%\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":665824,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/25\/hassan-allam-arab-contractors-jv-to-revamp-alexandrias-historic-raml-tram\/","url_meta":{"origin":558740,"position":2},"title":"Hassan Allam-Arab Contractors JV to revamp Alexandria\u2019s historic Raml Tram","author":"enterpriseam admin","date":"25 May 2025","format":false,"excerpt":"The project will halve commute times and triple passenger capacity","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1965.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559821,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/04\/also-on-our-radar-on-4-february-2021\/","url_meta":{"origin":558740,"position":3},"title":"Also on our radar on 4 February 2021","author":"enterpriseam admin","date":"4 February 2021","format":false,"excerpt":"Hassan Allam Holding is bidding for a power generation facility in Iraq and could start work by the end of the year if Iraqi officials give the go ahead, Al Mal reports. The potential cross-border agreement falls in line with efforts from Iraq to bring on board Egyptian contractors to\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559259,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/also-on-our-radar-on-14-january-2021\/","url_meta":{"origin":558740,"position":4},"title":"Also on our radar on 14 January 2021","author":"enterpriseam admin","date":"14 January 2021","format":false,"excerpt":"Hassan Allam Properties has upped its stake in real estate developer Sodic to 5% from 4.91%, according to a regulatory filing (pdf). The company purchased 310k shares at EGP 15.5 per share, totalling EGP 4.8 mn. This brings the stake collectively held by Hassan Allam Properties and its CEO, Act\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559539,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/also-on-our-radar-on-25-january-2021\/","url_meta":{"origin":558740,"position":5},"title":"Also on our radar on 25 January 2021","author":"enterpriseam admin","date":"25 January 2021","format":false,"excerpt":"Hassan Allam Holding lands contracts for seven major infrastructure projects: Hassan Allam Holding said yesterday (pdf) that subsidiaries Hassan Allam Construction and the International Environmental Technologies Company (Intech) have landed contracts for infrastructure, water and wastewater treatment projects in seven villages spanning five governorates. \u201cThe seven new projects will collectively\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/558740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=558740"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/558740\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/558721"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=558740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=558740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=558740"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=558740"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=558740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}