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Infrastructure 
Rania Al Mashat to join ADIB Egypt board
Prime Minister Moustafa Madbouly has approved the appointment
ADIB Egypt receives license to set up microlender. PLUS: OPay wants a digital banking license, tenders for infrastructure and industrial projects
The lender wants to open 200 branches across the country
Three in, three out as EGX30 rebalances
The EGX30’s semiannual rebalancing is done, the EGX said in a statement out yesterday. In: Abu Dhabi Islamic Bank Egypt,…
YBG acquitted of corruption charges
A Cairo Criminal Court acquitted Mubarak-era finance minister Youssef Boutros Ghali of (frankly unjust) corruption charges in a retrial, according…
Bahraini fintech Arab Financial Services plans to launch in Egypt
Bahraini fintech comes to Egypt: Bahrain-based payment solutions provider ArabFinancial Services (AFS) plans to expand to Egypt, the company said…