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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…
Vodafone to acquire 20% in fintech players Bee and Masary
Vodafone Egypt is set to acquire a 20% stake in each of Bee and Masary — both subsidiaries of non-banking…
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…
The debt market has been good to EFG Hermes Corp Solutions
Talal Elayat, CEO of EFG Hermes Corp-Solutions, on the firm's plans for the debt market: The non-banking financial services (NBFS)…
Earnings watch: Sarwa Capital, Speed Medical, Kima announce 2020 results
Sarwa Capital’s net profit eased 9% to EGP 353 mn in 2020, from EGP 389 mn the year before, the…
Sarwa, state-backed Al Taamir to team up on securitization
Sarwa Capital will partner with state-affiliated securitization outfit Al Taamir to manage and promote securitized bond sales for the private…
What we’re tracking on 15 February 2021
Good morning, wonderful people, and welcome to the slowest domestic news morning of 2021 so far. THE BIG STORY HERE…
Ebtikar pushing forward with IPO of e-payment units
Ebtikar is on the road to IPO as spin-out begins: Ebtikar has transferred the shares of Tamweel Holding to a…
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