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NBFS player MLF plans to increase portfolio to EGP 2 bn in coming year
Non-banking financial services player MLF Finance is seeking to double the size of its portfolio to EGP 2 bn by…
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…
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,…
Earnings Watch: EFG Hermes
The EGX30 fell 1.1% at today’s close on turnover of EGP 997 mn (32.6% below the 90-day average). Local investors…
Are we getting 30-year, 3% mortgages?
Low- and middle-income earners will have access to EGP 100 bn-worth of subsidized mortgages, courtesy of the Central Bank of…
Banque Misr won’t hike its offer price for CI Capital
Banque Misr says it has no plans to hike the price it’s willing to pay to raise its stake in…
GlobalCorp aims to double its lending portfolio + NowPay eyes new fintech products
We have a smattering of debt + finance news to take note of this morning: Non-banking financial services provider GlobalCorp…
Putting the shorts on trial
Are short sellers good or bad? They lost big at the start of 2021 as hordes of retail investors took…
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