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Egypt is really getting on the digital payments wagon
Digital payments are more popular than ever in Egypt: Over the past year, some 88% of consumers in Egypt have…
Consumer Finance Act amendments are now law
President Abdel Fattah El Sisi has ratified amendments to the Consumer Finance Act, adding three new articles that are designed…
Seven NBFIs recognized for sustainability
Seven non-banking financial institutions have been recognized for their sustainable business practices by the Financial Regulatory Authority, the regulator said…
EFG Hermes appoints new NBFI CEO
EFG Hermes’ NBFI business gets a new boss: Our old friend Aladdin ElAfifi (LinkedIn) has been appointed CEO of EFG…
Chimera is getting 56% of Beltone, and no more
It’s official: Chimera is Beltone’s new majority shareholder: Chimera Investments acquired a 56% stake in Beltone Financial through its mandatory…
Tamweely is getting into green financing
Microfinance player Tamweely is rolling out green financing products geared towards eco-friendly projects in the agriculture sector, the company said…
Aman pushes IPO to 2023
Aman pushes EGX debut to next year: Raya Holding’s non-banking financial services outfit, Aman Holding, has reportedly become the latest…
Chimera will get at least 56% of Beltone after OFH accepts offer
Orascom Financial sells Beltone stake to Chimera: Chimera Investments will acquire at least 56% of Beltone Financial after Orascom Financial…
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