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Banque Misr abandons plans to establish independent mortgage finance arm
Banque Misr appears to have abandoned its plan to establish an independent mortgage financing arm, which Chairman Mohamed El Etreby…
BANKING + FINANCE
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BANKING + FINANCE
Solid Capital to submit a request for brokerage license before year’s end
Solid Capital is planning to submit a request to the Financial Regulatory Authority for a brokerage license before the end…
Algebra looking to invest in up to 20 tech companies
Venture capital outfit Algebra Ventures is looking to invest in 20 companies in a range of fields through 2019, said…
Oriental Weavers to borrow EUR 9 mn from QNB Alahli
Oriental Weavers will borrow EUR 9 mn or the equivalent in USD from QNB Alahli, the company announced. The company…
Volante partners with eVision to enter Egypt and North Africa
Payment software provider Volante Technologies announced its partnership with eVision to deliver efficient and agile payment solutions across the Egyptian…
FEB approves changes to the guidelines on banking fees
The Federation of Egyptian Banks (FEB) approved changes to banking guidelines on processing fees for transactions, according to a statement…
NI Capital launches NI Consulting
NI Capital launched a financial consulting subsidiary called NI Consulting on Wednesday,according to a company statement picked up by AMAY.
EBRD to sign USD 125 mn loan agreement with Banque Misr
Banque Misr will sign tomorrow a USD 125 mn loan agreement with the European Bank for Reconstruction and Development (EBRD),…
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