non-banking financial services Archives

valU eyes regional expansion, M&A could be in the cards here in Egypt

EFG Hermes’ consumer finance platform valU is planning to expand into Saudi Arabia and North Africa as early as next…

NTRA slaps telecom companies with EGP 25 mn in fines for subpar quality: The National Telecommunications Regulatory Authority (NTRA) has…

British outfit Willis Towers Watson is looking to acquire two unnamed ins. brokerages operating in Egypt as part of a…

The House of Representatives’ CIT Committee yesterday gave final approval to a draft law to regulate Egypt’s fintech sector, Al…

POLL- ESG reporting is becoming mandatory in Egypt in 2023. Are EGX-listed companies ready for it? EGX-listed firms and NBFS…

EFG Hermes’ leasing and factoring arm has signed an EGP 750 mn sale and leaseback agreement with Misr Italia Properties…

A lot of news related to non-bank lending landed yesterday. Here’s a snapshot: The Central Bank of Egypt (CBE) and…

Cairo-based B2B e-commerce startup Capiter has raised USD 33 mn in a series A funding round co-led by Quona Capital…

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