Friday, March 6, 2026
HomeBanking & Finance

Banking & Finance

Egypt secures $7 billion, five-year partnership from World Bank

The framework’s projects will be supported with a “financial envelope” of $7 billion in lending

Paymob, IKEA Egypt partner to enhance customer experience

The company’s omnichannel gateway offers more than 40 payment methods and empowers over 170,000 SME merchants

UAE’s AD Ports Group signs concession to operate Egypt’s Safaga Port

AD Ports will invest a total of up to $200 million in superstructure and equipment, buildings and other real estate facilities

e& Egypt, Mastercard partner to enhance digital experience

The partnership supports Egypt’s digital transformation that is expected to further boost financial inclusion

EFG Hermes concludes advisory on $244 million IPO of Abraj Energy

The IPO attracted demand of $2.05 billion (OMR 791 million) for shares from both retail and institutional investors

Banque Misr reinforces partnership with Mastercard to enhance payments

Banque Misr is continuously striving to support digital transformation by providing solutions that facilitate advanced banking

EFG Hermes’ valU, Azimut partner to launch AZ valU fund

The fund invests in a roster of secure, high-liquidity assets with short-and medium-term tenors, ultimately generating competitive average daily returns for customers

Paymob joins hands with Shahid to expand VOD digital payments in Egypt

The partnership enables Shahid customers in Egypt to pay for their subscriptions via electronic wallets processed via Paymob’s infrastructure

Egypt’s NBE, Mastercard bolster partnership to advance digital payments

The renewed partnership cements the long-standing cooperation between the two entities in their endeavour to drive innovation and financial inclusion in Egypt

EFG Hermes advises MNHD on EGP 805.5 million securitized bond issuance

EFG Hermes said the transaction is the latest in a series of debt issuances closed by its investment banking division for MNHD

More news