Egypt
Egypt Embraces Digital Banking for a Cashless Future
Egypt is embracing digital transformation and innovation to strengthen its economy, with a particular focus on digitalizing its banking system. The Central Bank ...
Egypt
Global: CBE pays $7.154 bln in debts for Egypt
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
Egypt sells $121.6 mln stake in state-controlled Telecom Egypt
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 ...
Egypt
Egypt’s Balad Secures Funding for Digital Remittance Platform Launch and Expansion
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 ...
Egypt
Egypt: Mastercard and egabi collaborate to expand access to digital lending solutions across Africa
One month after its partnership with the National Bank of Egypt focused on the digitalization of the local economy, Mastercard signs a new ...
Egypt
Egypt: Privatization – Egypt’s Only Weapon to Survive the Repercussions of the War in Ukraine
t, and Arab African International Bank, are among the scheduled transactions. Insurance, electricity, and energy companies, as well as hotels and industrial and ...
Egypt
Egypt: Camel Ventures announces the opening of a $16 million fund for Egyptian fintech startups
Camel Ventures, based in Egypt, has revealed the launch of Camel Ventures for Investment I, its first venture capital investment vehicle. (CVI). The EGP 500 ...
Egypt
Egypt: Liquid Intelligent acquires Egypt’s Cysiv MEA
Liquid Intelligent Technologies has acquired Cysiv MEA, a technology company that was formerly SecureMisr, headquartered in Cairo. Cysiv MEA specialises in providing enterprise ...
Egypt
Egypt launches new stage of National Strategy for money laundering
The National Strategy for Money Laundering and Terrorism financing aims at boosting the national economy and achieving goals of sustainable development though protecting ...
Egypt
Egypt Becomes First North African Shareholder in AFC
Egypt has joined Africa Finance Corporation, the continent’s leading infrastructure solutions provider, as the first North African sovereign shareholder, further diversifying AFC’s expanding ...
