Egypt
EGYPT: REMITTANCES RECORD $31.4BN IN FY 2020/21 – CENTRAL BANK OF EGYPT
The Central Bank of Egypt (CBE) said that remittances from Egyptians working abroad increased by about $3.7bn (13.2%) during fiscal year (FY) 2020/21, ...
Egypt
Egypt B2B ecommerce platform Capiter raises $33M Serie A
Capiter, a Cairo-based B2B e-commerce startup has completed a $33 million Serie A in a round co-led by Quona Capital and MSA Capital ...
Egypt
EGYPT: ELECTRONIC BANKING TRANSACTIONS HIT 1 BILLION,WORTH OVER EGP 2.8TRN IN FY 2020/21 – CBE
The Egyptian banking system implemented about one billion electronic transactions, with a value exceeding EGP 2.8trn, during fiscal year (FY) 2020/21, compared to ...
Egypt
EGYPT: CENTRAL BANK ISSUES LE 20.5B IN T-BILLS
The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, announced plans to issue LE 20.5 billion in treasury bills ...
Egypt
Egyptian fintech MNT-Halan secures USD 120 million of investment
MNT-Halan the Egypt-based multi-integrated FinTech ecosystem and debt solutions provider has completed a successful $120M funding round led by key regional and international investors ...
Egypt
Egypt: Global Finance Names Tarek Amer As One of World’s Top Ten Central Bankers
Global Finance Magazine named Governor of the Central Bank of Egypt (CBE) Tarek Amer as one of the world’s top ten central bankers ...
Egypt
Egypt to Host IsDB’s Annual Meetings Next Year
Egypt has succeeded in getting the approval of the Board of Governors of the Islamic Development Bank Group (IsDB) to play host to ...
Egypt
Egypt: Diggipacks invests in Egyptian delivery startup FwRun
DIGGIPACKS, a last-mile Saudi delivery and logistics service provider just acquired Egypt-based storage fulfillment provider FWRUN. The company also looks to expand its presence ...
Egypt
EGYPT: BANKS WARN AGAINST FRAUDULENT PRACTICES FOLLOWING BANQUE MISR PHISHING INCIDENTS
Banks operating in the Egyptian market have warned their customers of fraudulent practices that they could be exposed to as a result of ...
Egypt
Egypt: MAF Global Solutions enters deal with ITIDA for first shared service center
Egypt’s ITIDA just signed a cooperation agreement with Majid Al Futtaim Global Solutions to set up shared services centers across Egypt. The event took place in the ...
