Arab Finance: Noqood Finance, a subsidiary of Noqood Holding, has obtained the final license to engage in financing small and medium-sized enterprises (SMEs) from the Financial Regulatory Authority (FRA), according to an emailed press release.

This step will reinforce the private sector role in backing the national economy while aiding the FRA in providing all forms of support to emerging companies to develop and expand their businesses.

Following the license acquisition, the company plans to provide tailored financial investments and innovative solutions for SMEs that meet the needs of the community and enhance sustainable development and advisory services.

Moreover, Noqood Finance aims to support projects that improve the quality of life and boost the economic and social infrastructure of the Egyptian community.

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