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Finance

Emirates NBD-Egypt signs EUR 30 million loan deal with Hayat Egypt

The investment not only enhances Hayat Egypt’s financing base but also creates a local partnership in a challenging financial market.

Egypt’s Banque Misr secures $234 million from IFC to support SMEs

The loan to Banque Misr will catalyse job creation in Egypt through its focus on providing financing to micro and small businesses

China’s AIIB expands global footprint with ADGM office

The Abu Dhabi office brings the multilateral development bank closer to the front lines of its sustainable development work in MENA region.

Egypt seeks to raise $5 billion from state IPO program by mid-2024

The government collected $5 billion from offering stakes in 13 companies between March 2022 and July 2023

Mastercard, Qashio partner to promote cashless society in UAE

The partnership seeks to expand access to commercial business-to-business solutions that can help SMEs digitise and transform their operations.

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