Yes — Article 10 of Egypt's Companies Law No. 159 of 1981 explicitly prohibits both Joint Stock Companies with Shares and Limited Liability Companies from engaging in certain regulated financial activities. Specifically, an LLC cannot conduct insurance businesses, banking functions, savings operations, receive deposits from the public, or invest funds on behalf of third parties.
These restrictions exist because such activities are subject to separate, specialist regulatory frameworks in Egypt (such as banking law and insurance regulations), which impose much stricter oversight than the general Companies Law. If your business idea involves any of these activities, you will need to look at establishing a different type of legal entity and obtaining the relevant licenses from authorities such as the Central Bank of Egypt or the Financial Regulatory Authority.
For expats planning businesses in fintech, microfinance, or investment management, this is a critical point to clarify with a local lawyer before incorporation. Operating a restricted activity through an LLC could expose founders to significant legal liability.
This is general legal information, not legal advice. For advice on your specific situation, consult a lawyer licensed in Egypt.