FRA Egypt
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مال وأعمال
mylo enables installment payments via InstaPay using mobile number and national ID
mylo, the fintech venture that grew out of B.TECH, announced the launch of a new feature allowing customers to easily pay their due installments through the InstaPay financial services app, using their mobile number, national ID, or a registered company code ensuring a smooth and seamless user experience. This step comes as part of the company’s strategy to deliver instant…
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مال وأعمال
Financial Regulatory Authority Grants Orion Consumer Finance (marketing name “algo”) a License to Operate in Consumer Finance
Orion Consumer Finance (algo), a partnership between Talaat Moustafa Group (TMG) and AUR Leasing and Factoring, announced that it has received approval from the Financial Regulatory Authority (FRA) to operate in the consumer finance sector, after fulfilling all regulatory requirements set by the Authority. This step reflects the state’s direction toward expanding non-banking financial services and enhancing financial inclusion. In…
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تكنولوجيا
Introducing the Next-Generation App for a Seamless Digital Experience Commercial International Brokerage Company Launches the Upgraded of Mahfazty Plus App
Commercial International Brokerage Co. (CIBC), a subsidiary of CI Capital (CICH.CA), the leading diversified financial services group, announced the launch of the latest version of its flagship trading platform, Mahfazty Plus. The enhanced application is designed to offer a fully integrated, seamless, and user-friendly digital trading experience, positioning Mahfazty Plus among the most advanced and most efficient platforms in the…
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مال وأعمال
GlobalCorp issues its eighth securitization bond worth EGP 2.5 billion, with the participation of the International Finance Corporation (IFC) alongside a number of Egyptian banks
GlobalCorp Financial Services has completed its eighth securitization bond issuance, valued at EGP 2.5 billion, after obtaining approval from the Financial Regulatory Authority (FRA). This issuance falls under the company’s second approved securitization program. The issuance was structured into three tranches with different maturities and credit ratings: Tranche (A): EGP 1.3 billion, with a tenor of 25 months and a…
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مال وأعمال
Changelabs partners with 5 of Egypt’s Leading Insurance Companies to Launch Corporate Accelerator Program
In line with Changelabs’ new corporate offering, and building on success with global clients, Changelabs has launched a product development and risk management accelerator for well established Egyptian Insurance companies. October 6th, Cairo, Egypt: Misr Insurance, Orient Insurance, Sarwa Insurance, Amanleek, and Kaf Insurance have signed an agreement with Changelabs to help launch and scale SME-focused insurance products, improve distribution…
