SANAD and Vitas Eexpand Access to Finance for MSEs and Low-Income Households in the West Bank and Gaza
This was a top-up loan of $4 million to support microfinance sector during challenging environment brought about by COVID-19 crisis.
SANAD and Banque du Caire Strengthen Partnership to Support MSMEs, Agribusinesses, Microfinance Institutions in Egypt in Light of COVID-19 Crisis
Investment of $15 million bolsters funding base for important economic pillars.
With Mastercard Cross-Border Services, financial service providers can seamlessly process digital payments leveraging its global network through a single connection, the company said.
SANAD and Export Development Bank of Egypt Strengthen Partnership to Support SMEs, Agricultural Exporters, and Microfinance Institutions in Egypt
The aim of this partnership is to channel much-needed financing to agricultural and small and medium-sized exporters as well as microfinance institutions in Egypt in response to the economic difficulties brought about by COVID-19.
The World Bank estimates that one in ten people in Yemen wholly rely on money transfers to meet their basic needs. Remittances to Yemen in 2019 totaled $3.8 billion - 13% of GDP.
According to the report, cash on delivery was the leading payment method preferred by online shoppers in Saudi Arabia, Jordan, Egypt, Morocco, Kenya, and other countries in this region, as of 2019.
Western Union today announced that select agents in Jordan will provide home delivery service for Western Union money transfers across the nation.
Five years ago, Amira Hawamdeh took out a loan for $423 to buy buttons and yarn to make purses and sweaters, and winter blankets to sell to her neighbors.
Tunisia’s apex bank, Central Bank of Tunisia last Thursday, March 26, unveiled new banknotes honouring a female history maker in the country’s medical history.