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EFG Hermes signs EGP 750 mn sale + leaseback agreement with Marakez
EFG Hermes’ leasing and factoring arm has signed an EGP 750 mn sale and leaseback agreement with real estate developer…
More than 4.5 mn now on universal health insurance system
More than 4.5 mn Egyptians have so far been registered on the Universal Health Ins. System, said Ahmed Sobky, chairman…
Egypt is really getting on the digital payments wagon
Digital payments are more popular than ever in Egypt: Over the past year, some 88% of consumers in Egypt have…
Consumer Finance Act amendments are now law
President Abdel Fattah El Sisi has ratified amendments to the Consumer Finance Act, adding three new articles that are designed…
Seven NBFIs recognized for sustainability
Seven non-banking financial institutions have been recognized for their sustainable business practices by the Financial Regulatory Authority, the regulator said…
EFG Hermes appoints new NBFI CEO
EFG Hermes’ NBFI business gets a new boss: Our old friend Aladdin ElAfifi (LinkedIn) has been appointed CEO of EFG…
Tamweely is getting into green financing
Microfinance player Tamweely is rolling out green financing products geared towards eco-friendly projects in the agriculture sector, the company said…
Aman pushes IPO to 2023
Aman pushes EGX debut to next year: Raya Holding’s non-banking financial services outfit, Aman Holding, has reportedly become the latest…
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