{"id":687305,"date":"2026-03-10T00:00:00","date_gmt":"2026-03-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=687305"},"modified":"2026-03-10T04:04:19","modified_gmt":"2026-03-10T04:04:19","slug":"egypts-financial-regulatory-authority-appoints-islam-azzam-as-new-head","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/03\/10\/egypts-financial-regulatory-authority-appoints-islam-azzam-as-new-head\/","title":{"rendered":"Egypt\u2019s Financial Regulatory Authority appoints Islam Azzam as new head"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">FRA taps Islam Abdel Azim Azzam as its new head<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Islam <\/strong><strong>Azzam (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/islam-abdel-azim-azzam-63116bb4\/?originalSubdomain=eg\" style=\"\" rel=\"noopener\">LinkedIn<\/a><\/strong><strong>) has been appointed as acting chair of the <\/strong><strong>Financial Regulatory Authority<\/strong> (FRA) under a presidential decree, the authority <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/fra.egypt\/posts\/pfbid02HYV5mGumbqk43NgTiCVzNYLncHtbmECYtfipdwGtavwMrNSvMKoSxnrDw1VpnCXil\" style=\"\" rel=\"noopener\">announced<\/a> yesterday. Mohamed Farid previously held the position for four years before going on to head the Investment Ministry after the <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/11\/egypt-shuffles-its-cabinet\/\" style=\"\" rel=\"noopener\">latest cabinet shuffle<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Getting to know Azzam: <\/strong>Azzam most recently <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/26\/islam-abdel-azim-azzam-appointed-as-egx-head-with-mohamed-sabry-as-his-deputy\/\" style=\"\" rel=\"noopener\">served as EGX chairman<\/a> in 2H 2025 and as vice chairman of the FRA between 2021 and 2025. He is also an associate professor of finance at the American University in Cairo, and has previously headed the university\u2019s department of graduate studies in finance. He also spent some time at a number of local and international institutions, including London School of Economics.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We sat down with Azzam earlier this year <\/strong>to talk all things IPO, the EGX30\u2019s rally last year, and more. Check out the interview <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/01\/22\/egx-boss-on-who-will-ipo-next\/\" style=\"\" rel=\"noopener\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Azzam enters his new role after holding a leading position at the EGX<\/p>\n","protected":false},"author":1,"featured_media":687306,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7231],"tags":[72,76,206],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-687305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-moves","tag-enterpriseam","tag-financial-regulatory-authority","tag-moves","wpautop","entry"],"acf":{"mongo_id":"f83fbe1b-cdb1-4049-bf6d-8b800fe4b27a","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/3\/532.jpg","photo_position":"above","homepage_title":"","full_issue_title":"EGX\u2019s Islam Azzam appointed as FRA head","related_issue":[687292],"teaser":"Azzam enters his new role after holding a leading position at the EGX"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt\u2019s Financial Regulatory Authority appoints Islam Azzam as new head - 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\/2026\/03\/10\/egypts-financial-regulatory-authority-appoints-islam-azzam-as-new-head\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s Financial Regulatory Authority appoints Islam Azzam as new head\" \/>\n<meta property=\"og:description\" content=\"Azzam enters his new role after holding a leading position at the EGX\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2026\/03\/10\/egypts-financial-regulatory-authority-appoints-islam-azzam-as-new-head\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-10T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-10T04:04:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/532.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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&quot;Moves&quot;","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":543745,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/new-green-islamic-microfinance-products-on-the-menu-for-2022\/","url_meta":{"origin":687305,"position":4},"title":"New green, Islamic microfinance products on the menu for 2022","author":"enterpriseam admin","date":"16 February 2022","format":false,"excerpt":"The Financial Regulatory Authority (FRA) could soon issue licenses for green and Islamic microfinance products, FRA\u2019s Deputy Chairman Islam Azzam told Daily News Egypt. Azzam added added that the regulator is currently working on developing new financial products, with a particular focus on microfinance. An FRA spokesman confirmed the substance\u2026","rel":"","context":"In &quot;REGULATION WATCH&quot;","block_context":{"text":"REGULATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/218.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561333,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/04\/brokerages-call-for-restrictions-on-margin-trading\/","url_meta":{"origin":687305,"position":5},"title":"Brokerages call for restrictions on margin trading","author":"enterpriseam admin","date":"4 April 2021","format":false,"excerpt":"Market players proposed introducing restrictions on margin trading during a meeting with the Financial Regulatory Authority (FRA) last week, the regulator said in a statement (pdf) yesterday. Representatives from a handful of brokerages and custodians called for regulators to put a maximum limit on the volume of margin trades allowed\u2026","rel":"","context":"In &quot;REGULATION WATCH&quot;","block_context":{"text":"REGULATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation-watch\/"},"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\/687305","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=687305"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/687305\/revisions"}],"predecessor-version":[{"id":687344,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/687305\/revisions\/687344"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/687292"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/687306"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=687305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=687305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=687305"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=687305"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=687305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}