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FRA temporarily suspends issuing new microfinance, consumer finance licenses
There are currently 25 licensed microfinance firms and 30 licensed consumer finance firms in the country
Beltone Leasing and Factoring signs a EGP 400 mn agreement with Madkour Group
The move follows a number of big agreements for Beltone Leasing and Factoring in the year since it rebranded
NBFSs register solid increases across the board in 2Q 2024, FRA says
Mortgage financing registered a 206.7% y-o-y increase in loan value
GCC investors want a stake in the new capital’s Mount International School
The school is currently valued at some EGP 700 mn
GASC is still after its big wheat purchase. PLUS: News from Eroglu Holding, Kima, Concrete Plus, Easy Lease
The fresh wheat buy could cost us around USD 248 a ton
Qardy secures USD seven-figure pre-seed round
Qardy plans to boost its services in Egypt and accelerate its regional expansion with the fresh funds
Beltone Mortgage goes digital as it looks to capture a quarter of the market share by year’s end
The company providing some EGP 2.6 bn in real estate financing to over 1k clients since it kicked off operations
Valu launches Ulter, a high-end finance platform for affluent customers
Ulter will compete on approval time and offer up to EGP 60 mn in financing for the purchase of goods…
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