Intesa Sanpaolo in talks with Egypt gov’t to buy remaining 20% stake in ALEXBANK
Intesa Sanpaolo Group, the leading European bank and owner of 80 percent stake in AlexBank in Egypt, has started…
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digital transformation
Banque Misr, Actors Syndicate cooperate on seamless digital services
Banque Misr, Egypt’s second largest state-run lender signed a cooperation protocol with the Actors Syndicate for…
EIB provides $150mln Middle East venture capital initiative
The European Investment Bank (EIB) Global has announced on Monday that it will provide $27 million participation in…
Egypt signs agreement with IBM to support digital transformation
Egypt's Ministry of Petroleum and Mineral Resources has signed on Monday a MoU for a consulting services provided…
Sovereign Fund of Egypt, Etisalat Egypt launch Erada Microfinance
The Sovereign Fund of Egypt (TSFE) and Etisalat Egypt by e& have on Monday partnered together to launch a new…
QNB AlAHLI bank partners with Network International to support digital transformation
UAE’s Network International (Network) has signed a 10-year contract with one of Egypt’s largest private sector…
Banque Misr buys a stake in digital transformation firm Klayytech
Egypt’s second largest public bank Banque Misr has buoyed a stake in digital transformation company Klayytech, the…
One of Egypt’s oldest lenders prepares to launch its first digital bank in Q1-2022
Banque Misr, Egypt's second biggest state lender, is expected to launch a digital bank in the homeland within the…
Egypt’s central bank to set up digital infrastructure firm to support financial inclusion
Egypt’s central bank is planning to set up a digital infrastructure firm as part of its financial inclusion plans.…
Egypt signs $50 mln deals to digitise 60 public enterprises
Seven holding companies under the Egyptian Ministry of Public Business Sector have signed on Thursday 21 digital…