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UAE Fund To Provide $200 Million In Loans To Microfinance Projects In Egypt
A United Arab Emirates state investment fund announced on Monday it would provide $200 million in loans for microfinance projects in Egypt, a move it said would create more than 120,000 jobs by 2020.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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DFID, Gates Foundation to set up digital financial services unit in Pakistan
The United Kingdom (UK) government’s Department for International Development (DFID) on Monday signed a memorandum of understanding (MoU) with the Bill and Melinda Gates Foundation to set up a digital financial services (DFS) unit in Pakistan.
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- Uncategorized
- Region
- North Africa & Near East
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Dubai entrepreneur’s 100% Mad scheme to give away $1bn
Launching a social enterprise that will revolutionise the way we donate money to charity is a tall order. But the Dubai-based businessman Tariq Qureishy, 50, aims to raise US$1 billion in the next two years, and give the entire amount to charity through his social venture 100% Mad.
- Region
- North Africa & Near East
- Tags
- philanthropy
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Microfinance Struggling to find its feet in Middle East
Microfinance has blossomed in recent years, helping fill a funding need for businesses too tiny and risky for traditional banks. Curiously perhaps, while microfinance has been a big hit across parts of Asia and South America, its start in the Middle East and North Africa hasn’t been as auspicious.
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- Uncategorized
- Region
- North Africa & Near East
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Dozens of children feared dead after being injected with ‘tainted’ measles vaccine in Syria
As many as 36 children were reported to have died excruciating deaths last night after receiving tainted measles vaccines under a UN-sponsored programme in the rebel-held north of Syria.
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- Health Care
- Region
- North Africa & Near East
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Microfinance in Jordan isn’t helping to empower women
Foreign donors need to reconsider how their money is being used, as profits are taking precedence over sustainability
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- Uncategorized
- Region
- North Africa & Near East
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In Tehran, a Taxi’s Metamorphosis Is Kafkaesque
The husband-and-wife team of Mehdi Yazdany and Sarvenaz Heraner were cruising the streets of Iran's sprawling capital in search of targets.
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- Uncategorized
- Region
- North Africa & Near East
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Pakistani businesswoman Sadaffe Abid makes it her mission to empower women
Sadaffe Abid is one of Pakistan’s most successful businesswomen. She was the chief executive of the Kashf Foundation, one of the largest microfinance institutions in Pakistan, growing it from a pilot project in two rooms, to serve 300,000 female clients with micro-loans. Ms Abid also co-founded the Buksh Foundation, a Pakistani start-up that enhances financial access to micro entrepreneurs. After 13 years in micro-financing, Ms Abid now splits her time between Dubai and Pakistan, conducting leadership training focused on developing high-potential female professionals and entrepreneurs and emerging talent.
- Categories
- Impact Assessment
- Region
- North Africa & Near East
- Tags
- microfinance
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