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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…
Int’l banking syndicate to provide gov’t with USD 2 bn Islamic + ESG loan
A syndicate of 10 regional and international banks are providing the USD 2 bn loan the Madbouly government is raising…
Bank ABC and Blom acquisition to go through in 1Q2022
NilePreneurs to help expand local innovation accelerator: The CBE funded, Nile University-based NilePreneurs is taking part in a European Union…
GAFI boss reappointed, Bank ABC, Admin Prosecution Authority get new chiefs
General Authority for Investment and Freezones (GAFI) CEO Mohamed Abdel Wahab (LinkedIn) has been reappointed for another one-year term by…
Egypt-based payroll platform Dopay is now Bank ABC Egypt’s banking agent
Egypt-based fintech startup Dopay will offer its digital payroll solutions to Bank ABC corporate clients after obtaining an agent banking…
Blom Bank Egypt shareholders agree to sell 99.5% to Bank ABC
Shareholders of Blom Bank Egypt have agreed to sell a 99.5% stake in the bank to Bahrain’s Bank ABC in…
THIS MORNING: Russian team to assess covid in Sharm, Hurghada tomorrow; Abu Dhabi slashes business fees; Political crisis in Tunisia after president fires PM amid protests.
It seems that with each passing day, the global news agenda is being taken over by the delta variant and…
Regulator approves Bank ABC’s EGP 6.7 bn Blom MTO
The Financial Regulatory Authority approved Bank ABC’s mandatory tender offer to purchase Blom Bank Egypt, bringing the Bahraini lender one…
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