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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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Business
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Tech
7/5/2023 5:38:22 PM
Basata Financial Holding's new e-payment platform Basata Pay has launched in the Egyptian market, according to a press release on Wednesday.
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Egypt
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Tourism
7/4/2023 5:04:46 PM
Several renowned Egyptian archaeological sites and museums have recently switched to cashless payments, requiring visitors to purchase tickets using bank cards.
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Al-Ahram Weekly
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Opinion
6/17/2023 9:35:00 AM
Further devaluation of the pound would not enhance exports or reduce imports and would fall short of resolving the balance-of-payments gap.
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World
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War in Ukraine
6/14/2023 7:13:36 PM
German lawmakers on Wednesday approved an advance payment for the purchase of the sophisticated Arrow 3 air defence system from Israel for nearly four billion euros ($4.3 billion).
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World
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Region
6/13/2023 7:21:11 PM
The German government has asked lawmakers to approve an advance payment for the purchase of the sophisticated Arrow 3 air-defence system from Israel for nearly four billion euros ($4.3 billion), according to documents seen by AFP on Tuesday.
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Business
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Economy
6/3/2023 7:40:51 PM
The Ministry of Finance has reduced the down payment importers have to pay in advance on customs fees from 30 to 1 percent of the total amount of fees owed in order to alleviate burdens on importers.
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