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Business
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Markets & Companies
9/26/2023 4:47:43 PM
Global e-payment giant Visa opened a new office in Egypt to support the country’s digital transformation towards a cashless economy.
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Business
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Economy
9/25/2023 6:59:13 PM
About 43 percent of Egypt's small and medium-sized enterprises (SMEs) are confident about their ability to grow in 2023, stated a report by Mastercard, a global payment processing company.
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Business
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Tech
9/19/2023 2:17:11 PM
Elon Musk has sparked outrage among fans of his social media platform X by suggesting he might introduce a monthly fee for all users, in what would be the biggest shake-up since he took over the site then known as Twitter last October.
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Business
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Tech
9/19/2023 1:10:00 PM
The Egyptian company eCards signed an agreement with Emirati e-payment company Network International to support expansion in the production, customization, and processing of smart financial cards in various regional markets.
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Business
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Markets & Companies
8/28/2023 3:31:46 PM
Emirati e-payment company Network International announced plans to invest EGP 1 billion ($32.33 million) in Egypt's digital payment solutions sector, according to a press release on Monday.
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Egypt
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Urban & Transport
8/26/2023 6:42:38 PM
If you are short on time or not a big fan of queuing for tickets at the railway stations, you can now book all of your train tickets online, including using Fawry e-payment for some trains.
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Business
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Markets & Companies
8/16/2023 8:10:18 PM
Administrative Capital For Urban Development (ACUD) has announced a group of payment and project delivery facilities for developers operating in the New Administrative Capital (NAC), according to a statement on Wednesday.
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Business
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Markets & Companies
8/14/2023 1:41:47 AM
Fawry, Egypt's leading e-payment solutions provider, announced a plan to turn its online payment portal myFawry into a digital bank in 2023, according to a bourse statement on Sunday.
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Al-Ahram Weekly
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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.
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Antiquities
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Museums
8/9/2023 3:33:42 PM
The Baron Empain Palace in Heliopolis, the Royal Carriages Museum in Boulaq, and the Prince Mohamed Ali Palace in Manial have joined the group of archaeological sites and museums where entry is accepted via e-payment.
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Business
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Markets & Companies
8/8/2023 3:52:44 PM
Egypt's leading e-payment solutions provider, Fawry, has announced that its subsidiary, Fawry Microfinance, has received preliminary approval from the Financial Regulatory Authority (FRA) to expand its services to include Small and Medium Enterprise (SME) financing, according to a bourse filing on Tuesday.
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Business
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Markets & Companies
7/30/2023 7:22:23 PM
Cairo-based financial services company Banknbox announced the opening of its $10 million regional headquarters in Egypt to provide an integrated platform of banking solutions, electronic payments, smart transportation tech, and digital government payment solutions, among others, according to a press release on Sunday.
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World
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Region
7/29/2023 11:05:07 AM
The United Nations has been forced to cut food, cash payments and assistance to millions of people in many countries because of “a crippling funding crisis” that has seen its donations plummet by about half as acute hunger is hitting record levels, a top official said late Friday.
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Sports
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World
7/27/2023 7:40:52 PM
UEFA confirmed Barcelona’s place in the next Champions League on Thursday though said an investigation into more than $7 million paid to a refereeing official could be reopened if more evidence emerges.
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Business
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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.
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Business
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Economy
7/18/2023 9:10:51 PM
Over 10 Egyptian fintech companies have partnered with the Fintech Galaxy's open finance platform, FINX, according to a press release on Tuesday.
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Business
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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.
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Business
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Markets & Companies
7/17/2023 3:18:28 PM
Flash, Egypt’s new cashless payments app, has completed a $6 million seed round led by Addition with participation from Flourish Ventures and other strategic angel investors.
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Sports
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World
7/13/2023 11:47:14 AM
For the second straight World Cup, Manchester City topped the list of FIFA payments to clubs whose players were selected for the 32 national teams in Qatar.
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World
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Region
7/10/2023 11:43:53 AM
A powerful alliance of pro-Iran factions in Iraq called Sunday on Baghdad to pressure the United States to unlock pending payments to Tehran for crucial gas imports.
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