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"financial inclusion"

65 results

Business - Tech
6/10/2024 9:31:48 PM
Smart issuing and payment processing warehouse MDP plans to inject new investments worth $2 million into the Egyptian market to purchase three new production lines, increasing the total to 15, Ahmed Nafie, CEO of the company, told Ahram Online.

Business - Economy
5/12/2024 7:41:05 PM
As representing over 60 percent of the population, Egypt's youth's robust use of mobiles and the internet makes the local market promising for investments in digital transformation, CEO of Mashreq Bank, Amr El-Bahey, told Ahram Online.

Al-Ahram Weekly - Economy
4/16/2024 9:14:20 PM
The Aziza initiative to finance women’s micro, small, and medium-sized enterprises is another step towards women’s economic empowerment and financial inclusion, reports Amira Hisham

Business - Economy
2/22/2024 12:17:12 PM
The Central Bank of Egypt (CBE) released the core set of financial inclusion indicators for 2023, highlighting a notable rise in the country's financial inclusion rates.

Business - Markets & Companies
1/29/2024 3:06:55 PM
Global digital payment company Visa has announced the launch of the second round of its Africa Fintech Accelerator programme to improve the digital payments and financial inclusion landscape in Africa, according to a statement released by the company on Monday.

Business - Economy
1/8/2024 2:52:30 PM
The Central Bank of Egypt (CBE) is set to launch the electronic pound by 2030 to increase the efficiency of monetary policy, read a government document released in January.

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).

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