Africa
Egypt: Paymob Introduces Apple Pay to Egypt, Revolutionizing Digital Payments
Paymob, a prominent financial services enabler in the Middle East and North Africa (MENA) region, has unveiled support for Apple Pay in Egypt, ...
Egypt
Egyptian Banks Launch Apple Pay Tokenization to Drive Digital Transformation
Several leading Egyptian banks have successfully activated Apple Pay tokenization services, following the Central Bank of Egypt’s (CBE) approval of the technology regulations ...
Egypt
Egypt: Central Bank of Egypt Launches 24/7 Instant Remittance Transfer Service
The Central Bank of Egypt (CBE) has unveiled a groundbreaking service that enables instant international remittance transfers directly into customer accounts at all ...
Egypt
Egypt’s FRA Strengthens Policies to Boost Efficiency and Competitiveness in Insurance Sector
Mohamed Farid, Chairperson of Egypt’s Financial Regulatory Authority (FRA), delivered the keynote address at the sixth annual Insurance and Reinsurance Forum in Sharm ...
Egypt
Egypt’s FRA Enforces Compliance for Insurance Sector Under New Unified Law
The Financial Regulatory Authority (FRA) in Egypt has introduced new regulations requiring entities across the insurance sector to align their operations with the ...
Egypt
Egypt’s Regulators to Launch Joint Digital Platform for Telecom User Complaints
Egypt’s regulatory bodies are enhancing their approach to handling telecom user complaints with a new digital platform following a recent cooperation protocol. This ...
Egypt
Egypt: Sawari Ventures to Boost African Startups with $200 Million Fund
Egypt-based venture capital firm, Sawari Ventures, is gearing up to launch its second fund, Sawari Ventures II, in early 2025, targeting a $200 ...
Egypt
Egypt: Mastercard and National Bank of Egypt Introduce AI-Powered Digital Employees for Enhanced Customer Service
Mastercard and the National Bank of Egypt (NBE) have entered a pioneering partnership to deploy AI-powered digital employees, transforming customer service interactions within ...
Egypt
Egypt’s Central Bank Holds Interest Rates Steady for Third Consecutive Time
The Central Bank of Egypt (CBE) has decided to maintain its benchmark interest rates unchanged for the third consecutive time, citing the balance ...
Egypt
Egypt: CBE Auctions $1.13 Billion in Treasury Bills
The Central Bank of Egypt (CBE) conducted two treasury bill (T-bill) auctions on Thursday, August 22, 2024, with a total value of EGP ...