Egypt Edition 
MENA+ Edition 
UAE Edition 
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AI + Innovation (MENA) 
Logistics (MENA) 
Egyptian scaleups are getting a structured shot at venture debt
The program provides 30 Egyptian scaleups with non-repayable EUR 5k de-risking support and capacity training, and three FIs have been…
Fawry overhauls subsidiary leadership with new Fawry Plus, Fawry MSME heads
The fintech pioneer taps Group CFO Abdelmeguid Afifi to run Fawry Plus and brings in commercial banking veteran Mohamed Hosny…
Valu gets FRA nod to enter SME lending
Plus: FRA greenlights three non-banking financial activity licenses, including the country’s first third-party healthcare administrator
EFG Corp-Solutions and Infinity ink EV charger leasing agreement
Plus: Our natural gas import bill will jump 26% y-o-y next fiscal year
QNB’s Ahmed Fouad is the new chair of the Federation of Egyptian Banks’ SME committee
Plus: Sirio Capital has tapped Karim Samra as a partner for its MENA push
EBRD continues Egypt MSME push with targeted USD 50 mn facility
The facility includes a USD 20 mn credit line under the Youth in Business program
Egypt builds a state-backed shipping bridge to East Africa
Plus: Tamweely gets an EGP 250 mn boost for youth lending
CBE greenlights full rollout of soft POS, turning smartphones into payment terminals
Following a two-year pilot phase that had restricted contactless payment transactions to EGP 600
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