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There was a bunch of news on the non-bank lending front yesterday
A lot of news related to non-bank lending landed yesterday. Here’s a snapshot: The Central Bank of Egypt (CBE) and…
MNT-Halan announces blockbuster USD 120 mn fintech round
MNT-Halan has closed what we believe is the largest fintech round ever to take place in MENA, raising c. USD…
Contact, Abou Ghaly to launch Abou Ghaly Finance
Consumer finance provider Contact Financial and Abou Ghaly Motors will join forces to launch Abou Ghaly Finance within the coming…
And Egypt’s first microleasing license goes to...
Tasaheel acquires Egypt’s first microleasing license: Micro lender Tasaheel was today granted the first license for microfinance leasing in the…
No, NIB will not be liquidated — but it is restructuring
The Madbouly government is NOT liquidating NIB, only restructuring it: The state-owned National Investment Bank (NIB) is not being liquidated,…
Sodic closes EGP 343 mn securitized bond sale
Upmarket developer SODIC has closed a EGP 343 mn securitized bond sale backed by a receivables portfolio of nearly EGP…
Big ESG private equity funding coming, courtesy of EFG
EFG Hermes makes first USD 200 mn close for Vortex Energy IV fund: EFG Hermes announced its first close of…
Middle East bucking global trends in women employment in finance
It appears that the Middle East is still lagging behind the world in women employment in the finance sector at…
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