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Tamweely is getting closer to a booster
Microfinance player Tamweely could soon secure a EGP 100 mn loan from the European Bank for Reconstruction and Development to…
Fawry net income surges 81% in 2020
Fawry’s net income increased 81% y-o-y in 2020 to reach EGP 186 mn, up from EGP 103 mn the year…
Tamweely to provide loans through Egypt Post branches
Egypt Post has partnered with microfinance player Tamweely to disburse loans for microbusinesses through the former’s 4k branches across the…
2020 was a slower year for microfinance
Microlending still grew in Egypt in 2020 — just at a slower rate than it did in the previous two…
ADIB approves sale of majority stake in Assiut Islamic Trading
Abu Dhabi Islamic Bank (ADIB) looks to be on the way out from Assiut Islamic Trading after its board approved…
Raya’s Aman to tap securitization market in 1Q2021
Raya subsidiary Aman is planning to take EGP 600 mn in securitized bonds to market before the end of the…
Who’s going to IPO in 1H2021? We asked four top analysts.
Welcome to the first EnterprisePM IPO poll, where top sell-side actors talk up their expectations of who’s going to market…
2020 was a good year for Egypt’s fintech scene
Fintech flourished in Egypt in 2020 despite covid-19’s negative impact on funding, writes Citibank’s Vice President of Europe, the Middle…
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