|
Business
-
Tech
12/20/2023 6:09:46 PM
Basata Holding, a leading Egyptian e-payment services company, announced plans to introduce new services in 2024 to promote financial inclusion and support Egypt's vision of accelerating digital transformation, according to a statement by the company on Wednesday.
|
|
Business
-
Tech
12/19/2023 6:54:08 PM
Global digital payment company Visa entered into a strategic collaboration agreement with global technology company TECH5 in a bid to enhance digital government ecosystems on a global scale, according to a statement by Visa on Tuesday.
|
|
Business
-
Economy
12/18/2023 5:28:10 PM
The number of ATMs with features supporting people of determination in Egypt surged by nearly 23 percent to 4,950 in December from around 4,000 in January, according to a statement by the Central Bank of Egypt (CBE) on Monday.
|
|
Business
-
Economy
12/4/2023 5:57:05 PM
Global payment technology company MasterCard has entered into a strategic alliance agreement with the Egyptian digital payment company MDP to enhance the payments ecosystem for banks and non-financial institutions in the Middle East and Africa, according to a statement on Monday.
|
|
Business
-
Economy
12/3/2023 12:55:56 PM
The Egyptian platform Belbaqy (“spare change”) will launch in early 2024, allowing users to invest the leftover amounts from electronic transactions, according to a statement from the company on Saturday.
|
|
Business
-
Economy
11/26/2023 3:54:29 PM
Fawry, Egypt's leading e-payment company, announced the completion of a thorough cybersecurity verification process and infrastructure examination in response to reports of a hack, according to a statement by the company on Sunday.
|
|
Business
-
Economy
11/20/2023 5:06:11 PM
The value of services provided through the electronic payment and collection system has reached EGP 7.8 trillion since its launch in 2019, Egypt’s Minister of Finance Mohamed Maait said in a statement on Monday.
|
|
Business
-
Tech
11/19/2023 5:19:43 PM
The 27th edition of Cairo ICT, the International Technology Exhibition and Conference for the Middle East and Africa commenced in grand style on Sunday at the Egypt International Exhibition Center in New Cairo.
|
|
Business
-
Economy
11/19/2023 1:22:46 PM
The financial inclusion rate in Egypt increased by 5.4 percent to 67.3 percent during the first six months of 2023, according to a report by the Central Bank of Egypt (CBE).
|
|
Business
-
Economy
11/15/2023 6:03:09 PM
The Central Bank of Egypt (CBE) has increased daily and monthly limits of transactions on financial inclusion accounts, prepaid cards, and mobile banking by 100 percent, a circular said on Wednesday.
|
|
Business
-
Economy
9/25/2023 2:07:24 PM
The Central Bank of Egypt (CBE) has received two awards for financial inclusion and the economic empowerment of citizens and companies by the Alliance for Financial Inclusion (AFI), according to a statement on Monday.
|
|
Al-Ahram Weekly
-
Egypt
8/11/2023 5:59:00 PM
Egypt has been promoting e-payments since the enactment of Law 18/2019 to foster greater financial inclusion and expand the cashless economy.
|
|
Business
-
Markets & Companies
7/26/2023 5:13:00 PM
The giant Egyptian e-payment solutions provider Fawry said it is in talks with Saudi Payments, a subsidiary of the Saudi Central Bank, to secure licenses and certifications necessary for expansion in the Saudi market.
|
|
Business
-
Economy
7/19/2023 3:43:54 PM
The two-day Seamless North Africa 2023 conference, which concluded Tuesday, highlighted Egypt's efforts to transform into a digital economy and become a regional leader in financial technology (fintech).
|
|
Business
-
Economy
7/18/2023 8:22:33 PM
The Central Bank of Egypt (CBE) is considering enabling Egyptian expats to send remittances via the InstaPay app from countries including Saudi Arabia, the UAE, and Jordan, said Ehab Nasr, Deputy Governor for Payment System, on the sidelines of Seamless North Africa.
|
|
Business
-
Economy
7/17/2023 9:53:55 PM
Regional fintech event Seamless North Africa has kicked off in Egypt's New Cairo with the participation of over 4,000 from international, regional, and local financial and banking institutions, according to an official statement on Monday.
|
|
Business
-
Economy
5/21/2023 12:34:46 PM
The Central Bank of Egypt (CBE) has launched an initiative enabling banks to operate outdoors in all governorates across Egypt and open accounts without fees or minimum deposit, according to a press release on Sunday.
|
|
Business
-
Tech
5/2/2023 2:04:42 PM
Mastercard has partnered with the Central Bank of Egypt (CBE) and the Egyptian Banks Company (EBC) to facilitate the implementation of the central bank's regulations for tokenisation and develop relevant infrastructure for banks operating in Egypt, according to a statement on Tuesday.
|
|
Business
-
Economy
4/8/2023 5:14:11 PM
Egypt's financial inclusion rates have improved between 2016 and 2022 by 147 percent, according to figures released by the Central Bank of Egypt (CBE) on Saturday.
|
|
Business
-
Tech
3/2/2023 7:17:57 PM
Egypt-based digital payment provider PaySky and Dahab Masr launched in February an online gold investment app called Yalla Invest that allows customers to purchase and invest in gold, in amounts starting from 0.25 grams, by providing digital payment solutions.
|