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Beltone Financial gets the regulator’s go-ahead for DD on Cash
Beltone is now cleared to begin due diligence
Thndr to debut in Saudi Arabia next year, says CEO. PLUS: News from aiBank, an export subsidy boost, and another wheat tender
The company is looking into acquiring a license in Abu Dhabi
Mienta to invest USD 5 mn in new factory in SCZone. PLUS: News from the National Dialogue, Dragon Oil, Heliopolis Housing + BanknBox
The factory will produce small home appliances and start operating in 2024
Beltone reportedly wants to acquire microlender Cash
Beltone this week announced plans to acquire an undisclosed microfinance player
ADIB Egypt receives license to set up microlender. PLUS: OPay wants a digital banking license, tenders for infrastructure and industrial projects
The lender wants to open 200 branches across the country
Beltone wants to acquire a local microfinance player
Beltone in July closed an EGP 10 bn capital increase
Aman Financial Services issues securitized bonds, GlobalCorp plans new issuance
New issuances are up more than 2x on last year in EGP terms
Singapore chemicals firm eyes Egypt. PLUS: EgyptAlum, valU and a USAID-backed entrepreneurship initiative
The company signed an MoU with the Sovereign Fund of Egypt yesterday
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