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MENA

Walid Hassouna takes charge of EFG Hermes BNPL fintech...

EFG Hermes Holding announced today the transfer of Walid Hassouna from his position as CEO of the firm’s Non-Bank Financial Institutions (NBFI) Platform to focusing solely on managing and driving forward Egypt’s leading buy-now, pay-later (BNPL) lifestyle-enabling fintech platform valU.The...

#BNPL#Corporate appointments#EFG Hermes

New Conektr and Triterras collaboration to provide working capital...

Triterras Inc., a global fintech company and one of the leading innovators of inclusive finance solutions for the world's micro,…

#working capital finance


‘Early Payment Scheme’ for UAE medical network launched

Designed to support businesses operating in the United Arab Emirates' healthcare sector, the National Health Insurance Company – Daman, and…

#bank#digital#supply chain finance


Egyptian Tax Authority urges companies to conclude registration for...

The Head of the Egyptian Tax Authority, Reda Abdel Kader, asked the companies ... (more…)

#electronic invoice#investment#invoice


Coface and Al Rajhi Takaful enter a strategic partnership...

Coface, a global leader in trade credit insurance and adjacent specialty services, and... (more…)

#trade credit insurance


EFG Hermes concludes advisory to EFG Hermes Corp-Solutions on...

EFG Hermes, the leading investment bank franchise in Frontier Emerging Markets (FEM), announced today that its Investment Banking division successfully…

#EFG Hermes


EFG Hermes Holding posts net profit of EGP345m in...

EFG Hermes Holding announced a strong first-quarter performance in 2022, with revenues increasing by 55% year-on-year (y-o-y) to EGP 1.9bn.…

#EFG Hermes#financial services#interest


UAE factoring industry records a difficult year in 2020

The UAE is the world’s 30th largest economy, and enjoys strong financial reserves... (more…)

#bad debts#bank#risk


Israeli start up raises US$100m and plans launching invoice...

Unit, an Israeli start up, announced on Tuesday that it has raised ... (more…)

#financial services#invoice#software


Amethis, EBRD and SPE Capital acquire factoring player in...

A consortium of investors made up of Amethis, the European Bank for Reconstruction and Development (“EBRD”), and.... (more…)

#GlobalCorp


Abu Dhabi Commercial Bank joins UAE Trade Connect fintech...

Abu Dhabi Commercial Bank (ADCB) has joined the UAE Trade Connect (UTC) consortium... (more…)

#bank#blockchain#invoice


Afreximbank releases consolidated financial results for 2021

African Export-Import Bank (“Afreximbank” or the “Bank”) has released the consolidated financial statements of the Bank ... (more…)

#bank#guarantees#management

Egypt runs trial e-invoice system

Egyptian Finance Minister Mohamed Maait announced that on April 15, a trial run of the "e-invoice" system would be introduced…

#e-invoice system#invoice#risk

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