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More financial inclusion for pensioners + PayTabs, valU services coming to LuLu
Pensioners will soon have access to “new electronic channels” to receive and use their monthly payments under an MoU the…
Cabinet approves draft bill to regulate fintech industry
The draft law that will govern the fintech space received approval from the Madbouly cabinet in its weekly meeting yesterday,…
TE is most influential local brand in Egypt -Ipsos
Telecom Egypt ranked at the top of an Ipsos ranking of the most influential local brands in Egypt for 2020,…
NBFS player MLF plans to increase portfolio to EGP 2 bn in coming year
Non-banking financial services player MLF Finance is seeking to double the size of its portfolio to EGP 2 bn by…
New boardroom rules for clearing, depository service providers
Egypt’s three clearing and depository companies will need to run their board elections under new rules announced by the Financial…
CIRA, Beltone to provide education finance
Education outfit CIRA is giving parents whose children attend its schools tuition fee loans with a 12-month repayment period under…
NBE pushing into non-bank financial services
Al Ahly Capital has wrapped up its acquisition of a 75% stake in e-payments player Momken, National Bank of Egypt…
Vodafone’s Bee and Masary acquisitions confirmed, ElSewedy Electrics sees net profits fall 25% in 2020
The EGX30 rose 0.2% at today’s close on turnover of EGP 1.59 bn (8.7% above the 90-day average). Local investors…
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