The expansion includes strategic collaborations with key partners specialising in serving the SME sector and leveraging its extensive network across key locations in the UAE
Since its inception, ICD has provided $315 million in financing to Egypt, supporting private sector companies, financing lines to banks and direct investments
The deal between two of the MENA region’s fastest-growing fintech companies creates a payments ecosystem that enables merchants to offer seamless customer experiences
The multilateral bank’s $50 million Murabaha finance to Al Baraka Bank Egypt will allow the bank to increase financing to thousands of SMEs in the country.