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IFC’s Sustainable Banking and Finance Network upgrades Egypt’s sustainable finance rating
The SBFN attributed the upgrade to “collaboration among Egypt’s financial regulatory bodies” to promote sustainability
Beltone on board to manage CBE margin trading support fund?
The Central Bank of Egypt (CBE) has reportedly tapped Beltone Financial to manage a new margin trading fund with a…
GlobalCorp aims to double its lending portfolio + NowPay eyes new fintech products
We have a smattering of debt + finance news to take note of this morning: Non-banking financial services provider GlobalCorp…
Banque du Caire to establish e-payments company
State-owned Banque du Caire will partner with an unnamed foreign investor to launch a plannede-payments company in which it will…
NI Capital plans new fixed-income fund, expanded microfinance portfolio
NI Capital is planning to launch a fixed-income investment fund, CEO Mohamed Metwaly said, according to Al Mal. NI’s parent…
Housing and Development Bank plots entry into digital banking
State-owned Housing and Development Bank is planning to apply for a digital banking license from the Central Bank of Egypt…
Who’s in the market for debt? Remco, HD Leasing, El Nasr Auto, Marsa Alam for Tourism Development
Tourism developer Remco and two of its affiliate companies are in talks to obtain a two-tranche EGP 3.3 bn syndicated…
Fawry and Banque du Caire sign contract for remittance transfer service
EGX-listed e-payments platform Fawry and Banque du Caire have signed a contract to set up an instant remittance transfer service…
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