MNT-Halan, Egypt’s first unicorn, and the country’s leading and fastest-growing fintech ecosystem has won Global Finance’s award for Most Innovative Financial Technology Company in the Middle East. It was, further, …
Financial Inclusion
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Lifestyle
Al Tadamun Microfinance Empowers Women Entrepreneurs with $49.7 Million in Funding
by Mona Yousefby Mona YousefAl Tadamun Microfinance Foundation, a champion for women’s economic empowerment, is bucking the trend by achieving significant growth in 2023. The foundation, aligned with Egypt’s national development goals, injects crucial …
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Egypt’s financial inclusion rates significantly surged to 70.7% by the end of 2023, according to the Central Bank of Egypt (CBE). According to CBE’s financial inclusion indicators for the year, …
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EconomyHighlights
GB Capital Launches Kredit In Support of SME Financial Inclusion
by Mona Yousefby Mona YousefKredit, a subsidiary of GB Capital, has been established in Egypt to provide financial support to small and medium-sized enterprises (SMEs) with an initial capital of EGP 35 million, which …
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EconomyHighlightsWomen’s Achievements
Banque Misr, NCW Sign Cooperation Protocol to Enhance Financial Inclusion for Egyptian Women
by Nada Khaledby Nada KhaledOn Monday, November 27, the Chairman of the Board of Directors of Banque Misr, Mr. Mohamed El-Etreby, and the President of the National Council for Women, Dr. Maya Morsy, signed …
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Egypt has made significant progress in enhancing financial inclusion thanks to the cooperation between CBE and various local and international partners. Sherif Lokman, Sub Governor of the Central Bank of …