Banque Misr, Suez Canal Bank, and Al Baraka alliance secures $108m financing for MAFI
A banking alliance led by Banque Misr, alongside Suez Canal Bank and Al Baraka Bank–Egypt, has successfully secured long-term joint financing of $108m for MAFI for Agricultural Produce Industries. This funding will cover a portion of the estimated $180m investment
0 Comments
MSMEDA partners with banks to offer Islamic financing for small enterprises: CEO
Basel Rahmy, CEO of Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA), announced Monday that the agency partnered with several banks to provide Islamic financing solutions for small enterprises. These banks include Faisal Islamic Bank of Egypt, United Bank,