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Cabinet approves decision to cut down on electricity theft. PLUS: News from CIB, Tanmeyah
The government is working to reduce energy consumption by 18% by 2035
Fintech leader MNT-Halan expands into Turkey with acquisition of Tam Finans
The purchase follows a USD 157.7 mn funding round
MNT-Halan raises USD 157.7 mn from international investors
The funding round saw participation from the IFC, DPI and Lorax Capital Partners
Aman issues EGP 1 bn in securitized bonds
The issuance is part of a wider EGP 5 bn, three-year securitization program
Central bank switches around rules for hiring auditors and accountants. PLUS: News from Misr Ins. Holding and MM Group
Firms have 12 months to comply with the new rules.
Tasaheel raises EGP 3.8 bn from second securitized social sustainability bond issuance
Companies have raised EGP 13.8 bn from securitization so far this year
EFG Holding’s Tanmeyah picks up two awards from the Global Banking & Finance Review
The company was named the Best Financial Institution for Empowering Women in Business in Egypt in 2024
MNT-Halan featured twice on Global Finance’s list of most innovative fintech companies
MNT-Halan was the only one on the list to secure two awards for separate regions — the Mideast and Africa
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