Egypt
Egypt: Tax Authority urges companies to quickly join e-invoice system
The Egyptian Tax Authority urged on Wednesday companies to quickly join the seventh stage of the mandatory e-invoicing system ahead of June 15 ...
Egypt
Egypt: Egypt’s external debt rises to $145.5 billion by end of 2021
Egypt’s external debt recorded an increase at the end of the second quarter of the current fiscal year 2021-2022 by about $8.1 billion, ...
Egypt
Egypt: Egypt’s mobile internet usage jumps 68%
The use of mobile and fixed internet services in Egypt increased by 68 and 39 percent respectively within a 24-hour-period in Ramadan 2022 ...
Egypt
Egypt: Egypt’s central bank issues LE 5.5B in T-bonds Monday
The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, is set to issue LE 5.5 billion in treasury bonds ...
Egypt
Egypt: ITIDA opens door to registration for Start IT incubation program
The Technology Innovation and Entrepreneurship Center (TIEC) of the Information Technology Industry Development Agency (ITIDA) announced the start of registration for the Start ...
Egypt
Egypt: First Abu Dhabi Bank withdraws non-binding offer of majority stake in EFG Hermes
First Abu Dhabi Bank announced on Thursday morning the withdrawal of the non-binding offer submitted on February 9, 2022, regarding the possible acquisition ...
Egypt
Egypt: OPay Egypt secures Central Bank of Egypt greenlight, set to issue prepaid cards
OPay Egypt, the leading fintech and electronic payments company, has announced that the Central Bank of Egypt has granted it the initial approval to issue ...
Egypt
Egypt’s annual core inflation records 10.1% in March: CBE
The annual core inflation rate recorded 10.1 percent in March 2022, compared to 7.2 percent in February 2022, the Central Bank of Egypt ...
Egypt
Egypt: Egyptian fintech startup PayMint secures 7-figure seed round
Egyptian fintech startup PayMint has secured a seven-figure US dollar seed investment to support its expansion plans in its home market. Launched in ...
Egypt
Egypt: Egyptian e-grocery marketplace ON Market raises $215k pre-seed funding
Egyptian e-grocery marketplace ON Market has raised US$215,000 in pre-seed funding to further expand its operations in Cairo, Alexandria, Tanta, Mansoura, and multiple ...
