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Life is about to get easier for small businesses that want to go legit
SMART POLICY- Life is about to get easier for small businesses that want to go legit: The Central Bank of…
Easy KYC for micro businesses, freelancers gets a shot in the arm
SMART POLICY- Unbanked micro-businesses, freelancers, and craftsmen will be able to open accounts at the National Bank of Egypt come…
Bank ABC is within arm’s reach of Blom Bank
Bahrain’s Bank ABC is finalizing its acquisition of Lebanon’s Blom Bank’s Egypt arm after getting the green light from Bahrain…
What we’re tracking tonight on 22 March 2021
Good afternoon, nice people, and welcome to a reasonably calm news day. Perhaps the biggest stories of this unseasonably hot,…
We still ♥ banknotes
Egypt is the world’s second most banknote-reliant country — and has the third highest percentage of unbanked citizens. Only 45%…
Banque du Caire gets USD 100 mn EBRD loan for SMEs + trade finance
Egyptian MSMEs will have access to USD 50 mn worth of financing through Banque du Caire, which is getting a…
Hop on board
Egypt could join in a new USD 1 bn continental transit [assurance] scheme from AfreximBank, which is designed to encourage…
S&P says EMs have a long way to go to recovery
Governments in the emerging world have few bullets left in the policy chamber to fight the pandemic, making a speedy…
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