SPEED ROUND: MICROFINANCE

EKH to establish microfinance firm Bedayti by 4Q2021, eyes consumer finance

Egypt Kuwait Holding (EKH) plans to expand its footprint in financial services by establishing a microfinance firm called Bedayti during 4Q2021, source from EKH told Enterprise. The holding company has received initial approval to set up the lender from the Financial Regulatory Authority and expects to receive the final go-ahead before the end of the…