Visa has inked a collaboration deal with Egyptian Banks Company (EBC) to roll out innovative solutions in electronic payment services, digital wallets, and ...

Recent reports from the Egyptian press indicate that Egypt is actively advancing its central bank digital currency (CBDC) project. This development is part ...

Africa Finance Corporation (AFC) has entered into a groundbreaking agreement with the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic ...

In its September 2023 meeting, the Central Bank of Egypt opted to keep its key overnight deposit rate unchanged at 19.25%, maintaining the ...

The Central Bank of Egypt (CBE) has emphasized that the financial technology sector plays a crucial role in driving the development of Egypt’s ...

Fintech firm Opay is gearing up to apply for a digital bank license in Egypt, with a proposed capital of $60 million, as ...

Egypt is embracing digital transformation and innovation to strengthen its economy, with a particular focus on digitalizing its banking system. The Central Bank ...

The Central Bank of Egypt (CBE), on behalf of the Egyptian government, paid about US$7.154 billion by the end of the second quarter ...

Egypt’s government sold a 9.5% stake in state-controlled Telecom Egypt for 3.75 billion Egyptian pounds ($121.6 million), the finance ministry said in a statement ...

Balad, a Cairo-based fintech startup focused on remittances, has received a pre-seed investment of seven figures in USD led by Acasia Ventures, an ...