|
War in Ukraine
-
Economy
3/2/2022 5:10:21 PM
The European Union on Wednesday cut seven Russian banks from the SWIFT payment system and banned Kremlin-controlled media outlets RT and Sputnik from broadcasting into the bloc.
|
|
Business
-
Tech
2/20/2022 3:38:42 PM
Fintech witnessed significant growth in the Egyptian market over the past five years, as venture capital investments rose to $159 million with 32 deals concluded in 2021, up from only $1 million raised in 2017 from three fintech deals, according to Fintech Egypt’s report.
|
|
Business
-
Markets & Companies
2/15/2022 1:04:23 PM
Noqood Holding Company launched its first fintech services online platform in Egypt through a sister company, KashNow, for instant payments services with a portfolio valued at approximately EGP 500 million in 2022.
|
|
Al-Ahram Weekly
-
Economy
2/11/2022 7:51:00 PM
Experts are betting that the Egyptian economy can handle the aftermath of the pandemic, write Niveen Wahish and Sherine Abdel-Razek.
|
|
Business
-
Economy
2/2/2022 4:51:03 PM
Egypt’s balance of payments attained an overall surplus of $311.4 million in the first quarter (1Q) FY2021/2022 (July-September 2021), the Central Bank of Egypt (CBE) announced on Wednesday.
|
|
Business
-
Markets & Companies
1/20/2022 3:41:43 PM
Fawry for Banking and Payment Technology Services S.A.E. announced on Thursday that it plans to list a portion of its shares in the US stock market in a filling submitted to the Egyptian Exchange (EGX).
|
|
Business
-
Economy
1/19/2022 12:59:47 PM
Egypt’s gross local public debt increased to EGP 4.7 trillion (81 percent of the country’s GDP) by the end of FY2020/21, up from the EGP 4.3 trillion reached by the end of FY2019/20, with the government owing 87.8 percent of this total, according to the latest data published by the Central Bank of Egypt (CBE).
|
|
Business
-
Tech
1/5/2022 4:00:44 PM
The Central Bank of Egypt (CBE), in collaboration with the National Telecom Regulatory Authority (NTRA), launched on Wednesday an online portal for managing mobile phone wallet accounts.
|
|
Business
-
Tech
11/8/2021 1:03:07 PM
The Central Bank of Egypt (CBE) approved the regulations that govern the instant payment network (IPN) services in the domestic market, the bank announced on Sunday.
|
|
Business
-
Markets & Companies
11/7/2021 4:54:17 PM
Egypt’s Ministry of Education launched on Sunday an electronic payment service for public school fees across Egypt in collaboration with the state-owned e-finance, and the payment management and digital collection platform, KlickIt.
|
|
Business
-
Markets & Companies
11/3/2021 6:57:36 PM
ExpandCart and PayPal have announced that they are collaborating to help expand payment options for merchants in the Middle East and North Africa (MENA) region, where PayPal will provide digital payment services for merchants who are using the ExpandCart platform to sell their products.
|
|
Sports
-
World
11/2/2021 6:54:08 PM
Former FIFA officials Sepp Blatter and Michel Platini were charged with fraud and other offenses by Swiss prosecutors on Tuesday after a six-year investigation into a controversial $2 million payment.
|
|
Sports
-
Egyptian Football
10/30/2021 7:34:35 PM
Zamalek's French coach Patrice Carteron sought to take pressure off his players as the crisis-hit club, which risk more FIFA sanctions over outstanding payments to former players and coaches, meet Talae El-Geish in the Egyptian Premier League on Sunday.
|
|
World
-
International
10/23/2021 9:30:51 PM
Apple has updated its App Store rules to allow developers to contact users directly about payments, a concession in a legal settlement with companies challenging its tightly controlled marketplace.
|
|
Business
-
Tech
10/21/2021 9:14:11 PM
In its first significant action under a new director, the Consumer Financial Protection Bureau is ordering Apple, Amazon, PayPal and other tech giants to reveal how their proprietary payment networks function.
|
|
Business
-
Economy
10/19/2021 8:01:30 PM
Egypt’s balance of payments recorded a total surplus of $1.9 billion in fiscal year 2020-2021 due to a surge in the net inflow into the capital and financial account which registered $23.4 billion in 2020/2021 against $5.4 billion recorded in 2019/2020, the cabinet Information and Decision Support Center (IDSC) said in an infographic published on Tuesday.
|
|
Al-Ahram Weekly
-
Economy
10/17/2021 11:28:00 AM
This month’s e-Finance share offer will ease the resumption of Egypt’s initial public offers programme, financial experts tell Al-Ahram Weekly.
|
|
Business
-
Markets & Companies
10/11/2021 10:01:13 PM
e-finance for Digital and Financial Investments, Egypt’s first fintech platform and one of its leading developers for digital payment infrastructures, announced on Monday that it has increased the shares that it intends to list on the Egyptian Stock Exchange (EGX) under Egypt’s initial public offering (IPO) programme.
|
|
Business
-
Markets & Companies
9/30/2021 6:48:14 PM
e-finance for Digital and Financial Investments, Egypt’s first fintech platform and one of its leading developers for digital payment infrastructures, announced on Thursday that it will be listed on the Egyptian Exchange (EGX) under Egypt’s initial public offering (IPO) programme on 18 October.
|
|
Business
-
Tech
9/26/2021 6:23:39 PM
The Central Bank of Egypt (CBE) announced on Sunday that it has approved the issuance of licenses for smartphone contactless payments.
|