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Egypt

BM Lease expands into factoring

BM Lease intends to provide different sectors with EGP 2bn in financing during the first quarter of... (more…)

#bank#financial services#funding

Arab Banking Corporation to acquire Blom Bank Egypt

Bahrain-based Arab Banking Corporation (Bank ABC), a leading financial institution in the Middle East, said that it has entered into…

#bank#international#management


EFG Hermes, CAYESH partner to launch online SCF solution

CAYESH and EFG Hermes Corp-Solutions, EFG Hermes' subsidiary, signed a strategic partnership... (more…)

#EFG Hermes


Over 100 companies use Egypt’s e-invoicing system

Egypt’s Minister of Finance Mohamed Maait has revealed that more than 100 companies... (more…)

#economy#electronic invoice#electronic invoicing


About 83% of Egypt businesses expect pre-COVID-19 profitability by...

The difficult conditions of 2020 have not dampened the mood among Egyptian businesses... (more…)

#bank#digital#international


Afreximbank announces 9 months 2020 results

African Export-Import Bank (Afreximbank) today in Cairo released its unaudited financial statements for... (more…)

#bank#Benedict Oramah#liquidity


Egypt launches ‘revolutionary’ e-invoice system

Egypt is set to launch a ground-breaking electronic invoice... (more…)

#digital#digital transformation#invoice


Egyptian FRA approves licence for new factoring player

...has launched its first company... with a paid-in capital of... (more…)

#Coronavirus#digital#digitisation


Fitch confirms Afreximbank’s BBB- credit rating

The African Export-Import Bank (Afreximbank) announces that Fitch Ratings has affirmed the Bank’s long-term Issuer Default Ratings (IDR) at ‘BBB-‘…

#bank#guarantees#management


Egypt launches TSFE sub-fund for financial services, digital transformation

Egypt's Minister of Planning and Economic Development Hala El-Said has issued a decree to establish the Egypt sub-fund for financial…

#bank#digital#financial services


GCR affirms Afreximbank’s A- rating

The African Export-Import Bank (Afreximbank), Africa’s... (more…)

#bank#international#management


Afreximbank delivers solid performance in H1 2020

African Export-Import Bank (Afreximbank) today released its unaudited financial... (more…)

#African Development Bank#bank#interest rates

Afreximbank wins two EMEA best structured finance awards

The African Export-Import Bank (Afreximbank) has been recognized by EMEA Finance’s 12th African Banking Awards for... (more…)

#awards#bank#guarantee

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