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TONIGHT: It’s Prophet Muhammad’s birthday + the ECA isn’t happy that M&A agreements are happening without its knowledge.
Good afternoon, ladies and gentlemen. The foreign business press today is warning of a potential EM selloff on the back…
Pioneers Holding to rebrand, insurance for workers abroad and Fawry partners with Uber
Egyptian workers abroad will be able to get state-backed ins. policies here at home starting 2022 under a decision (pdf)…
EKH to establish microfinance firm Bedayti by 4Q2021, eyes consumer finance
Egypt Kuwait Holding (EKH) plans to expand its footprint in financial services by establishing a microfinance firm called Bedayti during…
Tamweely could be in line for a total of EGP 500 mn in loans from local, foreign institutions
Microfinance player Tamweely is in talks with a syndicate of three local banks to obtain EGP 300 mn finance in…
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…
Kudos: Tamweely Microfinance recognized at 2021 Global Economics Awards
KUDOS- Tamweely Microfinance was recognized as the fastest growing microfinance company at the 2021 Global Economics Awards, the company said…
Former investment minister Sahar Nasr joins Allianz Egypt board
Allianz Egypt’s board of directors now includes former Investment Minister Sahar Nasr (LinkedIn), the ins. company said in an emailed…
Tasaheel receives first SME microfinancing license
Tasaheel received the first SMEs microfinancing license approved by the Financial Regulatory Authority (FRA), according to an FRA statement (pdf).…
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