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Traditional monthly subscriptions may be on their way out
Players within the SaaS industry are ditching traditional fixed “per-seat” subscription models in favor of a pay-as-you-go pricing model
ADIB appoints Mohamed Hamdy as CEO of ADI Consumer Finance
ADIB taps Mohamed Hamdy as new CEO of ADI Consumer Finance: The Abu Dhabi Islamic Bank (ADIB) appointed Mohamed Hamdy…
FRA temporarily suspends issuing new microfinance, consumer finance licenses
There are currently 25 licensed microfinance firms and 30 licensed consumer finance firms in the country
How did non-banking financial services perform during 4Q 2023?
The value of leasing contracts jumped about 68% y-o-y to almost EGP 39 bn in 4Q
Siemens to build smart health facilities in Egypt. PLUS: Tejas Network, Paymob + MID Takseet, Afreximbank + Hafiz
The revamp aims to increase the efficiency of the facilities, reduce energy consumption and disruptions, and improve patients’ comfort and…
Telecom Egypt’s net income rose by 25% y-o-y in 2023. PLUS: Bolt, Danieli, Majid Al Futtaim, Fawry + PayMe, FABMisr, Al Baraka Bank
The company’s revenues were up 28% y-o-y to reach EGP 56.7 bn, which it attributed to higher data services and…
How did non-banking financial services perform during 3Q 2023?
Mortgage financing fell almost 42% y-o-y during 3Q 2023
Beltone to enter Jordanian market before year end
The Egyptian financial services company will make a USD 20 mn equity investment in Al Wasleh
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