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ADEX, National Bank of Egypt signs $100 million credit agreement

ADEX, National Bank of Egypt signs $100 million credit agreement

The financing agreement seeks to bolster economic activities and further enhance the already fertile trade landscape between the UAE and Egypt
Continental Investments LMD, Finance House solidify partnership

Continental Investments LMD, Finance House shore up partnership

The fund will furnish superior financing services, enabling Continental Investments LMD to broaden its footprint in the UAE and Dubai markets counts Carrefour, Namshi and Cafu among some of its clients

UAE central bank awards acquiring license

The license allows to unlock its full proposition for merchants in the UAE
Joint venture between the UAE and Egypt companies.

Egypt, UAE companies form $9.8 million joint venture

The signing of the agreement marks another milestone in the cooperation between the UAE and Egyptian companies
Egypt, Jordan, UAE, Bahrain $2bn deal

Egypt, Jordan, UAE, Bahrain sign $2 billion industrial agreements

Egypt, the UAE, Jordan and Bahrain have signed agreements to set up nine integrated industrial projects with an investment of over $2 billion. The 12...
ADGM partners Zand

UAE’s ADGM partners with Zand Bank to support SMEs

The Abu Dhabi Global Market (ADGM) said Monday that it has partnered with UAE’s Shariah-compliant digital bank Zand Bank to support SMEs in the...

UAE’s ADNOC Distribution completes acquisition of 50% stake in TotalEnergies Egypt

UAE’s ADNOC Distribution said Wednesday that it has completed the acquisition of a 50% stake in TotalEnergies Marketing Egypt for approximately $186 million (EGP...

UAE-based Fintech Galaxy expands into Egypt with the acquisition of Underlie

UAE-based Fintech Galaxy said Thursday that it has acquired Underlie, an Egyptian open banking platform that offers application programming interfaces (APIs) to banks and...

Saudi Arabia’s Hassana to invest $2.4 billion in DP World’s UAE assets

Dubai’s DP World said Wednesday that Saudi Arabia’s Hassana Investment Company (Hassana) has agreed to invest $2.4 billion in the global ports operator’s three...

AD Ports, Invictus Investment to jointly invest $6 billion to develop Sudan’s Red Sea...

Sudan has signed a preliminary agreement with a consortium led by the UAE’s AD Ports Group and Invictus Investment to develop, manage and operate...