Microfinance activity records EGP14.8 bln pounds in Q3 2019
Egypt’s microfinance activity balance has increased over the third quarter (Q3) of 2019 to register 14.8 billion…
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EFSA
NBE leasing arm receives EGP1bln loans from 5 banks
Al Ahly Leasing Company has received total loans of one billion Egyptian pounds from five banks, its CEO Tarek…
Egypt may issue first ‘green bonds’ in Q4-2018/19
Egypt is to launch its first “green bonds” along with its planned foreign currency bond offering in the fourth…
Microfinance companies in Egypt fund 807K clients in 9 months
Microfinance companies operating in Egypt have pumped funds worth 4.7 billion Egyptian pounds ($261.7 million) to…
Egypt eyes robust growth in leasing activity in 2020: regulator
Egypt plans to double its leasing activity by 2020, head of the market regulator said at a conference in Cairo on…
Egypt regulator to introduce consumer financing services before end-2019
Egypt’s financial regulator plans to introduce consumer financing before end-2019 to expand funding options for…
Egypt’s Third Annual Leasing Conference kicks off in Cairo
One of Egypt’s biggest institutional initiatives, Partnership for Development has started Tuesday its third annual…
Egypt’s Third Annual Leasing Conference begins tomorrow
One of Egypt’s biggest institutional initiatives, Partnership for Development will started on Tuesday its third…
EFSA: Egypt’s leasing contracts surge 67.3% in 3 months
Egyptian Financial Supervisory Authority (EFSA) revealed leasing contracts have increased to record 8.5 billion…
Sarwa Capital gets regulatory approval for Cairo IPO
Egypt’s Sarwa Capital obtained regulatory approval on Tuesday to place 47.2 percent of its shares in an initial…
Egypt regulator plans introducing consumer financing services in 2019
Egypt’s financial regulator plans to introduce consumer financing within 2019 to expand funding options for…
Egypt bourse to start short selling of shares by early 2019
Egypt’s financial regulatory authority (EFSA) will finalise rules for short selling of shares by the end of…
Egypt regulator, EBRD to issue short-term debt instruments soon
Egypt’s financial regulator is teaming up with the European Bank for Reconstruction and Development (EBRD) to…
Egypt’s Prime expects to start financial brokerage services in August
Egyptian investment bank Prime Holding expects to begin offering financial brokerage activities within the next…
QNB captures 45.74% of Q1 factoring activity in Egypt – report
Egypt's Financial Supervisory Authority (EFSA) revealed in a recent report the biggest factoring companies in the…
Acumen files lawsuit over Egypt Gas’ inaccurate fair value study
Egypt-based investment bank Acumen Holding has filed a lawsuit on Saturday in a Cairo economic court against the…
Takaful H1 premiums in Egypt hit 2.1 billion pounds
The premiums of Egypt’s Islamic insurance, or takaful sector recorded 2.1 billion Egyptian pounds ($118.8 million)…
Egypt stock exchange exec sees 20% rise in volumes after short-selling
Egypt’s stock trading volumes are expected to blossom between 15 percent and 20 percent after allowing…
Egypt names former bourse chief Mohamed Omran as FSA head
Egypt has picked former stock market chief Mohamed Omran to lead the Egyptian Financial Supervisory Authority…
Top 10 leasing firms in Egypt in H1
Egypt’s Financial Supervisory Authority (EFSA) revealed in a recent report the biggest leasing companies in the…
30 firms face delisting threat from Egypt bourse – official
Around 30 companies could be eventually delisted from Egypt’s stock exchange for having free float lower than the…
Egypt names Abdel Moaty acting head of FSA
Egypt’s government has picked Reda Abdel Moaty to lead the Egyptian Financial Supervisory Authority (EFSA), the…
The top 10 leasing firms in Egypt at May-end: EFSA
The Egyptian Financial Supervisory Authority (EFSA) revealed in a recent report the biggest leasing companies in…
The top 10 leasing firms in Egypt at May-end: EFSA
The Egyptian Financial Supervisory Authority (EFSA) revealed in a recent report the biggest leasing companies in…
The top 10 Egyptian leasing firms at April-end
The Egyptian Financial Supervisory Authority (EFSA) reveals in a recent report the biggest leasing companies in the…
The top 10 Egyptian leasing firms in Q1 by market share
The Egyptian Financial Supervisory Authority (EFSA) reveals in a recent report the biggest leasing companies in the…
Egyptian central bank to launch a microfinance initiative next Tuesday
Egypt’s central bank will launch its anticipated microfinance initiative next Tuesday, a step that follows recent…
Launch of two Egyptian property funds on the way before year-end: official
An investment house and an investment firm are looking to launch two real estate funds in Egypt before the end of…
Three banks seek Egypt regulatory approval to apply factoring activities
Three banks are seeking the Egyptian market regulator’s approval to obtain licences designated to practice…
Egypt accounts for 5% of Arab bourses’ market cap – official
Egypt captures around five percent of the Arab bourses’ total market capitalisation, head of the Egyptian market…
Naeem gets regulator’s nod to launch Egypt’s first real estate fund
Cairo-based investment house, Naeem Holding announced Wednesday the establishment of the first Egyptian real estate…
AAIB bank, Germany’s SANAD Fund team up to form Egyptian microfinance firm
Cairo-based Arab African International Bank (AAIB) and SANAD Fund for MSMEs, part of the German state-run Kfw…
Takaful captures 9.6% of total insurance premiums in Egypt in 11 months
Takaful firms have managed to capture 9.6 percent of the total insurance premiums in Egypt throughout the first 11…
Orient Takaful Egypt studies launch of microinsurance, medical products
Egypt’s Orient Takaful Insurance Company is studying to launch two new products in the market, one for medical…
Misr Insurance renews global reinsurance agreements for 2017
Egypt-based Misr Insurance Company has renewed reinsurance agreements for 2017 with a list of major reinsurers,…
Acumen Beltone wins management of HDB bank’s 1st property fund
Acumen Beltone, a joint venture between investment banks Beltone Private Equity and Acumen Asset Management, is…
Egypt’s currency float move to spur foreign investments: market regulator
Egypt’s move to freely float the local pound will contribute to support and boost non-banking financial activities,…
Resuming Egypt’s commodity stock relies on supply ministry’s direction: EFSA
Resuming the establishment of a commodity stock exchange depends on the direction of the recently-appointed Supply…
Banque Du Caire mulls establishing forex firm to combat black market
Egypt’s third biggest public lender, Banque Du Caire is studying establishing a foreign exchange firm in a bid to…
Egypt 7-month leasing activity goes 14% higher: EFSA
Leasing activity in Egypt grow 14 percent since the beginning of the year until July, head of the country’s market…