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Egypt’s Financial Regulatory Authority Takes Protective Measures To Prevent Spread Of The 2019 Novel Coronavirus (COVID-19)

Date 15/03/2020

Judge Khaled El-Nashar - FRA’s Deputy Chairman said that the Authority started taking protective measures to prevent spread of the 2019 Novel Coronavirus (COVID-19). He noted that these protective measures included increasing levels of readiness and preparedness and raising the efficiency of medical clinics to be ready to deal with any suspected cases. He added that more than 100 sterilization units were distributed within FRA’s headquarters.

El-Nashar added - in statements to the Middle East News Agency - that preventive measures against Coronavirus depend on dealing professionally at all levels, through intensifying  employees’ awareness, publishing preventive instructions against the virus , how to deal quickly when the virus appears and providing accurate devices to detect any cases of COVID-19.

He added that biometric attendance system was suspended in FRA as impacts of coronavirus. In addition, FRA reduced meetings, tightened sterilization procedures and continually clearing the headquarters, noting that the Authority is considering using temperature sensors by trained doctors to detect any cases of COVID-19 and deal with them quickly.

In the same context, El-Nashar pointed out that the Authority will focus during the coming period on activating electronic means to deal with the public, whether companies or investors and customers through using technology and digital transformation strategy that the Authority began to implement and considered as one of FRA’s main objectives which it seeks to achieve regardless Coronavirus.