ADIB Egypt launches first microfinance company that complies with Islamic Sharia
New company has authorized capital of EGP 100m, paid-up capital of EGP…
Microfinance pumped by associations, companies increases to EGP 41bn in April 2023: FRA
Commercial activity came at forefront of funded sectors by 59.23%
NBE injects EGP 100m in Irada Microfinance
Amounts provides necessary financing for microenterprises in several governorates
Al Tadamun Microfinance Foundation launches its first mobile branch in Egyptian market
Foundation offers Meeza cards, financing through its branches within 24 hours
Microfinance increases to EGP 64.6bn in June 2022: CBE
Banks record EGP 48.3bn in mortgage finance for to 436,900 low, middle-income…
FRA amends controls of microfinance, SME finance
The FRA noted that some companies, associations and civil institutions licensed to…
Al Baraka Bank offers EGP 90m to Solidarity Microfinance to support microenterprises by women
Bank is keen on developing role of women economically and socially: Chairperson…
FRA issues first license for Islamic microfinance activity
3.8 million citizens so far benefited from micro-enterprise financing services in 2022,…
Al-Ahly Momkn signs protocol with Lead Foundation to collect instalments of microfinance
Ahmed Enayet, Managing Director and CEO of Al-Ahly Momkn, said that cooperating…
FRA studies licensing green Islamic microfinance products
Study conducted to allow movable collateral registries for consumer finance activity
