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Banque Misr’s MDI applies for digital banking license. PLUS: Cairo Metro Line 3, B.TECH + outsourcing
MDI is the first company to apply for a digital banking license
China slowdown, US banks weigh on global stocks
China’s central bank unexpectedly cut interest rates yesterday to arrest the country’s economic slowdown
So many earnings…
The earnings dump continues: The end-of-earnings-season rush continued yesterday, with a number of EGX-listed companies releasing their 2Q / 1H…
Kashier Payments, NARD partner on payment solutions
The service will integrate NARD’s software with Kashier’s platform
Fawry’s bottom line nearly quadruples in 1H 2023; Ibnsina reports rise in earnings
Fawry’s banking services segment drove revenue growth, sales at Ibnsina were up on price hikes
Agthia no longer interested in acquiring military-owned bottled water firm Safi -local media
A source familiar with the matter told us in May that the ADQ-owned company was among those interested in acquiring…
Kharafi National borrows EGP 1.65 bn to expand in the local market
ADI Capital was the financial advisor on the loan
Orascom Financial Holding wants to set up a digital bank
A number of local companies are eyeing setting up digital arms
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