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ADQ’s Agthia to buy majority stake in Auf Group
Abu Auf parent company is selling a majority stake to Agthia: Emirati food and beverage major Agthia will acquire 60%…
One of the year’s biggest banking takeovers just took place in the Middle East
Kuwaiti bank makes one of the year’s biggest banking acquisitions: Kuwait Finance House is acquiring Bahrain’s Ahli United Bank (AUB)…
Meet our founder of the week: MoneyFellows founder and CEO Ahmed Wadi
OUR FOUNDER OF THE WEEK - Ahmed Wadi, founder and CEO of MoneyFellows (LinkedIn). My name is Ahmed Wadi, and…
TPay mobile appoints new CEO
Mobile payments platform TPay Mobile has appointed Gaston Aussems (LinkedIn) as its new CEO, according to apress release (pdf). Founder…
Let’s all say hello to YAP
UAE fintech YAP plans to expand into Egypt next year after raising USD 41 mn in funding led by Saudi…
NBFS players are taking on the burden of education financing
How alternative lending solutions could address demand for tuition financing: Parents looking to put their children through private schooling at…
valU’s BNPL services are now available on Amazon Egypt
EFG Hermes’ subsidiary valU’s buy-now-pay-later installment plans are now available to customers of Amazon Egypt, according to a joint statement…
CBE sets new pricing policy for mobile wallet transfers, extends exemption fees on some inter-bank transactions
ATM fees are back — and there’s a cap on how much you can withdraw: The Central Bank of Egypt…
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