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Egypt Factors Ahmed Shaheen predicts a period of strong growth for the Egyptian factoring sector in the next five years, despite a difficult start for the industry. In a recent statement, Shaheen (more…)
Egypt has created a new authority to oversee capital markets and non-bank financial services, a move that is likely to…
#bank#banks#financial services
Egypt's Industrial Modernization Programme has created the first private equity fund aimed at solely benefiting local SMEs. (more…)
#bank#bank loan#international
The African Development Bank is looking to promote Egyptian franchising and the establishment of solid local financial instruments. (more…)
#African Development Bank#bank#financial services
FIMBank appointed Marius Savin as Co-General Manager, together with Ahmed Shaheen he has the task of making Egypt Factors the leading factoring…
#bank#emerging markets#international
With Egypt's first factoring company now up and running, local exporters can turn to a less traditional source of finance…
#bank#exporters#guarantees
Egypt Factors has begun operations to promote cross-border trade by the country's smaller businesses (more…)
#bank#exporters#exports
It is the view of the small factoring industry here that factoring can offer a superior quality service to the local…
FIMbank PLC has announced the establishment of Egypt Factors, another joint venture in factoring in Egypt with Commercial International Bank…
The Export Credit Guarantee Company of Egypt (ECGE), which began operations in September 1993, offers the first guarantee of payments…
The African Development Bank group (AfDB), the multilateral development finance agency for the African continent, has approved a loan totalling…
#AfDB#African Development Bank#African Development Bank Group
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, recently signed an agreement to invest…
The International Finance Corporation, the private sector arm of the World Bank signed an advisory services mandate to assist the…