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Boutique banks grab a slice of the M&A action
Boutique banks grab a slice of the M&A pie: The rise of “boutique” banks, many of which have been founded…
Egypt’s cabinet approves USD 200 mn SMEs loan
CABINET WATCH- Cabinet approves USD 200 mn World Bank SMEs loan: The Madbouly Cabinet approved in yesterday’s meeting the USD…
Industrial Development Bank to contribute USD 10 mn to El Canal Sugar’s loan
The Industrial Development Bank is providing USD 10 mn in a syndicated loan for El Canal Sugar Company, a bank…
JICA promises USD 250 mn in finance for Egypt’s universal health insurance scheme
The Japan International Cooperation Agency (JICA) has promised a USD 250 mn loan to help finance the state’s health insurance…
The Central Bank of Egypt wants to incentivize banks’ investments in equity for SMEs
Bank investments in SME-focused equity funds now count toward minimum small business loan requirement: The Central Bank of Egypt (CBE)…
Investment diversification may not come naturally to entrepreneurs
Entrepreneurs do a bad job at diversifying their investment portfolios: The same qualities that helped successful entrepreneurs build their businesses…
TE to roll out money transfer service through WE in partnership with Banque Misr
Telecom Egypt has signed an agreement with Banque Misr to launch a new money transfer service through the state-owned fixed-line…
When cryptocurrency meets the banking sector
When cryptocurrency meets the banking sector: Blockchain technology can be leveraged to rewire the global financial infrastructure and simplify transactions…
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