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Egypt

Banque Misr in Egypt automates trade finance with Finastra

Finastra today announced that Banque Misr, the second largest national bank in Egypt with international presence... (more…)

#Finastra

Contact Factoring of Egypt plans factoring development in 2022

Contact Factoring, a subsidiary of Contact Financial Holding, intends to grow the size of its factoring portfolio to EGP 1bn…

#3M#interest#smes


CI Capital Egypt plans to launch factoring services in...

In order to develop the existing offer and expand the company’s portfolio, CI Capital Holding (CI Capital) will launch factoring…

#acquisition#bank#WHO


Afreximbank and NBE commit to enhance trade in Egypt

African Export-Import Bank (Afreximbank) and the National Bank of Egypt (NBE) ... (more…)

#bank#international#platforms


Egyptian e-invoice system – expected to be finalised in...

Talking about e-invoice transition stage in Egypt... (more…)

#e-invoice system


EBRD, EU and GCF expand access to finance for...

The European Bank for Reconstruction and Development (EBRD), the European Union (EU) and the Green Climate Fund... (more…)

#bank#confirming#guarantees


Companies using e-invoicing is raising in Egypt

The total number of companies that uses the electronic invoice system in Egypt amounted to... (more…)

#digital#digital transformation#electronic invoice


Afreximbank launches US$6.5bn equity capital increase

African Export-Import Bank has embarked on a US$6.5bn general capital increase (GCI) to... (more…)

#bank#Benedict Oramah#COVID-19


Nafeza systems enhance e-finance growth opportunities in Egypt

Egypt’s state-run digital payments and fintech company e-finance has stated its IPO indicative price, while the final price announcement is…

#digital#digital payments#invoice


EBRD provides QNB ALAHLI US$50m loan to boost green...

The European Bank for Reconstruction and Development (EBRD) is boosting small businesses and... (more…)

#bank#First Bank#QNB


Egyptian NBFI launches digital SCF platform

Endorse, a non-banking financing services company (NBFI), has announced... (more…)

#digital#digital platform#receivables


Egypt’s microfinance activity increases to EGP 21.61bn in April...

A report issued by the Financial Regulatory Authority (FRA) revealed that ... (more…)

#microfinance

Egypt’s Financial Regulator activates secondary bonds market

In order to facilitate the investment funds procedures and... (more…)

#bonds#investment

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