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Gov’t wants to set up a pharma raw material hub. PLUS: News from OPay, Telecom Egypt, Madinet Masr
The hub will aim to meet local market needs and regional exports
Banque Misr’s MDI has poured some EGP 2.5 bn into Onebank. PLUS: News from Elsewedy Electric, OPay, Edita
MDI received preliminary approval last week from the Central Bank of Egypt to launch Onebank
Five companies are mulling sukuk issuances this year. PLUS: News from Contact, Hassan Allam Properties
Among the interested companies are Contact Financial Holding and MNT-Halan’s Tasaheel
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
OPay lands CBE approval to issue pre-paid cards
CBE gives OPay greenlight to issue pre-paid cards: China-backed fintech player OPay has received preliminary approval from the Central Bank…
THIS EVENING: CBE gives OPay greenlight to issue pre-paid cards + Rology raises series A round + E-commerce startup Kemitt has launched Kemitt Business
It’s one of those days that aren’t quite slow, but haven’t quite taken shape with a clear leading story or…
Nigeria-based fintech OPay moves forward with pre-paid cards and more in Egypt
OPay is expanding in Egypt: Nigeria-based fintech player OPay is preparing to expand its footprint in Egypt, launching pre-paid cards…
Creed Healthcare subsidiary Care Healthcare is restructuring its 29% stake in Cleopatra Hospital Group (CHG) by transferring it to Dutch-listed…
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