FRA comprehensively updates real estate valuation standards after 11 years

The Financial Regulatory Authority (FRA) has issued the second edition of the Egyptian Real Estate Valuation Standards, more than 11 years after the first edition, in a new step aimed at improving the efficiency of non-bank financial markets and enhancing the quality and reliability of valuation work related to economic activities at both the local and international levels. The new standards were issued under FRA Board Decision No. 191 of 2026, in light of the provisions of Law No. 10 of 2009 regulating the supervision of non-bank financial markets and instruments, as well as the laws governing insurance, capital markets, financial leasing, and mortgage finance activities.

The move also seeks to strengthen the FRA’s supervisory and regulatory capabilities by building efficient and transparent markets where valuations are based on clear standards aligned with the latest international standards, while keeping pace with market developments and Egypt’s legislative and economic environment. The FRA had previously invited market participants to submit proposals in light of changes that had occurred since the first edition of the standards was issued under FRA Board Decision No. 39 of 2015. These consultations ultimately contributed to the development of all components of the second edition of the real estate valuation standards. Supporting real estate investment and financing FRA Chairperson Islam Azzam said real estate valuation standards are particularly important in supporting mortgage finance, real estate investment, real estate investment funds, and all activities linked to real estate assets. This provides strong technical support for these activities’ contribution to the national economy by improving the reliability of valuation work, which in turn enhances their…