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EFG Finance is launching a new subsidiary to finance SMEs
The new venture will allow EFG Finance to bridge a gap in its product offerings
Five companies are mulling sukuk issuances this year. PLUS: News from Contact, Hassan Allam Properties
Among the interested companies are Contact Financial Holding and MNT-Halan’s Tasaheel
EFG Holding acquires global standard cybersecurity certification
The certificate recognises companies that have implement effective security systems
Beko’s appliance factory gets EBRD funding. PLUS: Centamin has big plans for Egypt
Beko’s home appliances factory is expected to produce 1.1 mn appliances a year
Centamin sees “encouraging” results from maiden drilling in the Eastern Desert. PLUS: Egypt x KSA mining cooperation, Ecab, El Hazek, fintech news
Results underpin Egypt's emergence as an attractive exploration jurisdiction- Centamin
Fintech startups can now apply for temporary licenses
Fintech startups will need to meet a minimum capital requirement of EGP 15 mn to be eligible for the temporary…
How did non-banking financial services perform during 3Q 2023?
Mortgage financing fell almost 42% y-o-y during 3Q 2023
More players can set up investment funds. PLUS: Funds for Takaful and Karama, Italian interest in our food sector, new investments from Cairo 3A
MSME finance and consumer finance companies can now set up investment funds
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