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FRA amends conditions for real estate developers converting into investment funds

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FRA amends conditions for real estate developers converting into investment funds
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The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has amended some of the conditions governing the conversion of real estate investment and development companies into real estate investment funds, previously set out under FRA Board Decision No. 179 of 2025.
The amendments take into account the specific nature of real estate companies’ activities, operating cycles, and contractual obligations towards customers, which are settled through project completion and delivery.
Under the d

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