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Egypt

Geidea to expand its services to Egypt

Geidea, a leading provider of digital payment solutions in the Middle East, is set to launch its innovative SoftPos service in Egypt, following a successful two-year rollout in Saudi Arabia and later in the UAE. This expansion marks a significant...

#data protection#digital#digital transformation

EBRD partners with CIB to boost SME financing in...

The European Bank for Reconstruction and Development (EBRD) is extending an unfunded portfolio risk-sharing facility for up to €25m to Commercial…

#EBRD#risk sharing agreement#sme finance


EFG Hermes completes valU’s EGP 667.3M receivables securitised bond

EFG Hermes, a leading investment bank in the MENA region and a subsidiary of EFG Holding, has completed its 12th…

#receivables securitisation


WFY’24: Egypt sees increase of factoring volumes in 2023

Factoring volume in Egypt has been growing over the last few years since its introduction to the country’s financial market…

#Egypt Factors#factoring#Ghada Shams


EBRD launches €35m risk-sharing facility with QNB

The European Bank for Reconstruction and Development (EBRD) has introduced a €35m risk-sharing facility to support small and medium-sized enterprises…

#EBRD#QNB#risk sharing agreement


Beltone Leasing and Factoring completes first securitisation

Beltone Holding’s ("Beltone") wholly owned subsidiary, Beltone Leasing and Factoring, has successfully completed its first securitisation issuance, raising EGP 1.33bn…

#factoring#receivables securitisaton


Beltone Holding doubles Beltone SMEs capital to EGP500M

Beltone Holding, has announced a major milestone for its subsidiary, Beltone SMEs. The company has successfully increased its paid-in capital…

#Beltone#sme finance


Beltone Leasing and Factoring and Madkour Group sign EGP...

Beltone Holding, one of the fastest-growing financial institutions in Egypt, announced that its subsidiary, Beltone Leasing and Factoring, has signed…

#Amir Ghannam#Beltone#factoring


EBRD takes minority equity stake in Tamweely Microfinance

The European Bank for Reconstruction and Development (EBRD) is supporting Egypt’s privatisation agenda and boosting the competitiveness of the private sector…

#EBRD#Micro Finance Institutions


ADCB Egypt partners with PaySupp to enhance SCF

Abu Dhabi Commercial Bank – Egypt (ADCB Egypt) has teamed up with fintech firm PaySupp to offer innovative financing solutions…

#ADCB Egypt#fintech#PaySupp


Commercial International Bank Egypt launches “Sustainable Finance Loan” for...

Commercial International Bank (CIB), Egypt’s leading private-sector bank, has announced that it has launched its new “Sustainable Finance Loan” targeting…

#bank#international#smes


EBRD provides US$130m loan to Coca-Cola HBC in Egypt

The European Bank for Reconstruction and Development (EBRD) is boosting the competitiveness and growth of Egypt’s private sector, with a…

#working capital finance

FABMISR and Cayesh team up to forward SCF in...

First Abu Dhabi Bank Misr (FABMISR), a prominent financial institution in Egypt, has entered into a strategic partnership with Cayesh,…

#supply chain finance#working capital

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