{"id":700989,"date":"2026-05-11T00:00:00","date_gmt":"2026-05-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=700989"},"modified":"2026-05-11T03:05:18","modified_gmt":"2026-05-11T03:05:18","slug":"fra-chief-islam-azzam-joins-gafi-board-as-govt-streamlines-investment-oversight","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/11\/fra-chief-islam-azzam-joins-gafi-board-as-govt-streamlines-investment-oversight\/","title":{"rendered":"FRA chief Islam Azzam joins GAFI board as gov\u2019t streamlines investment oversight"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Financial Regulatory Authority (<\/strong><strong>FRA<\/strong><strong>) Chairman Islam<\/strong><strong> Azzam has joined the board<\/strong><strong> of the General Authority for Investment and Freezones (GAFI) as an expert member<\/strong>, following a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid01TRrnxAg3t8mX9YnQEnMo9G8wcTRUCuLoLvoVaY8sK43dVgb9j759oV5JYYqt5r1l\" style=\"\">decree<\/a> from Prime Minister Mostafa Madbouly. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What does<\/strong><strong> that mean? <\/strong>Azzam now has a seat on almost every government institution that engages with the private sector. Besides his role as head of the FRA, he sits on the cabinet\u2019s Economic Group and the Ministerial Committee for Entrepreneurship. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER: GAFI just welcomed a new head.<\/strong> Last month, <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/30\/meet-gafis-new-head-mohamed-awad\/\" style=\"\">Mohamed Awad was tapped to serve as the authority\u2019s CEO<\/a> for a one-year period. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">New Americana COO for multi-brands<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Americana Restaurants<\/strong><strong> appointed company veteran Hesham Talaat <\/strong><strong>(<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/hesham-talaat-415b9764\/\" style=\"\">LinkedIn<\/a><\/strong><strong>) as chief operating officer for multi-brands<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/5\/458.pdf\" style=\"\">statement (pdf)<\/a>. Talaat, who has been with the group for over three decades, will now oversee operations for Hardee\u2019s, Krispy Kreme, and Baskin Robbins franchises across the Middle East. He will also maintain his current mandate as general manager for the company\u2019s critical Egypt and Iraq markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Azzam is already central to the state\u2019s economic reform agenda, holding seats on both the cabinet\u2019s Economic Group and the Ministerial Committee for Entrepreneurship<\/p>\n","protected":false},"author":1,"featured_media":700990,"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":[12676,72,76,12535,206],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-700989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-moves","tag-americana","tag-enterpriseam","tag-financial-regulatory-authority","tag-general-authority-for-investment-and-freezones","tag-moves","wpautop","entry"],"acf":{"mongo_id":"897d3589-5818-4d57-a77e-999098f8b7b3","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/3\/532.jpg","photo_position":"above","homepage_title":"","full_issue_title":"FRA head Islam Azzam now has a seat on GAFI\u2019s board","related_issue":[700973],"teaser":"Azzam is already central to the state\u2019s economic reform agenda, holding seats on both the cabinet\u2019s Economic Group and the Ministerial Committee for Entrepreneurship"},"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>FRA chief Islam Azzam joins GAFI board as gov\u2019t streamlines investment oversight - 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\/05\/11\/fra-chief-islam-azzam-joins-gafi-board-as-govt-streamlines-investment-oversight\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA chief 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Financial Regulatory Authority, reports Hapi Journal.","rel":"","context":"In &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":694881,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/20\/new-fra-chairman-islam-azzam-appointed-as-iosco-vice-chair\/","url_meta":{"origin":700989,"position":1},"title":"New FRA Chairman Islam Azzam appointed as Iosco vice chair","author":"enterpriseam admin","date":"20 April 2026","format":false,"excerpt":"Azzam will also chair the Growth and Emerging Markets Committee through 2028","rel":"","context":"In 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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":700989,"position":4},"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":[]},{"id":670794,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/26\/islam-abdel-azim-azzam-appointed-as-egx-head-with-mohamed-sabry-as-his-deputy\/","url_meta":{"origin":700989,"position":5},"title":"Islam Abdel Azim Azzam appointed as EGX head with Mohamed Sabry as his deputy","author":"enterpriseam admin","date":"26 August 2025","format":false,"excerpt":"Azzam and Sabry both enter their new roles after holding leading positions at the FRA","rel":"","context":"In &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\/2025\/8\/1541.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/700989","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=700989"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/700989\/revisions"}],"predecessor-version":[{"id":701032,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/700989\/revisions\/701032"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/700973"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/700990"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=700989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=700989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=700989"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=700989"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=700989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}