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Naeem Holdings receives FRA approval for dual listing on Dubai Financial Markets
Naeem Holdings has received approval from the Financial Regulatory Authority (FRA) for the company’s dual listing on the Dubai Financial…
BANKING + FINANCE
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BANKING + FINANCE
Egypt Post and Ahli United Bank sign MoU to facilitate remittances
Egypt Post has signed an MoU with the Ahli United Bank to facilitate the transfer of remittances by Egyptians abroad…
Beltone tapped to manage Egyptian Sports Fund
Beltone Financial has been tapped to manage a EGP 5 mn fund launched by Banque Misr, whose proceeds will be…
NBE looking to secure USD 500 mn loan by June’s end
The National Bank of Egypt (NBE) is in talks with international financing institutions for a USD 500 mn loan by…
Lebanese fintech firm Areeba to establish an Egypt office in 2018
Lebanese fintech company Areeba is planning on establishing an office in Egypt in 2018, Marketing and Strategic Relationships head Said…
NI Capital’s Tamweely receives temporary microfinance license
The Financial Regulatory Authority (FRA) awarded Tamweely a temporary microfinance license, with the company looking to launch operations “in the…
CBE sells USD 1.075 bn in one-year T-bills
The central bank announced selling USD 1.075 bn in one-year, USD-denominated treasury bills in an auction yesterday. Foreign and local…
US court rejects jury verdict against Arab Bank in terrorism case
A US court has rejected a 2014 jury verdict that found the Jordan-based Arab Bank liable for Hamas-linked suicide bombings…
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