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New criteria for fintech, digital banking licenses
Digital banks now need a capital of at least EGP 2 bn
We’ve got USD 1.9 bn in hand from state asset sales — now what?
Egypt has another USD 1 bn worth of sales coming soon — and is restocking its transaction pipeline, Madbouly says
Meet our founder of the week: Himanshu Shrimali, cofounder and CEO of Menthum
Menthum is Egypt’s first digital money market fund
A record 1H for covered bonds + Does BTC have a bright future?
Banks sold a record EUR 175 bn of the ultra-safe bonds in 1H 2023
Two startups raise cash, aiBank onboarded to Instapay
The startup has now raised USD 1.25 mn to date
Chinese delegation visits SCZone
Chinese firms recently agreed to invest hundreds of mns of USD in the zone
Global VC funding fell off a cliff in 1H 2023
VC firms paid out 48% less y-o-y in 1H as tighter conditions drove risk-off sentiment
Two new Hilton hotels in Cairo
Hilton hotels incoming in Maspero and Magra El Oyoun
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