Banks Egypt’s financial inclusion rates surge to 70.7% in ’23 Nada Ali Feb 22, 2024 0 Egypt’s financial inclusion rate increased to 70.7 per cent during the previous year, representing a 174 per cent…
Feature Ericsson targets 50% of mobile wallets in Africa Aya Anwar Jan 9, 2024 0 Ericsson AB, a manufacturer of 5G networks globally, is expanding a financial technology company that facilitates…
Tech/AI Visa launches $100mln generative AI ventures initiative Nada Ali Oct 4, 2023 0 Visa launched on Monday a new $100 million generative AI ventures initiative to invest in companies harnessing…
Money Egypt’s Aman aims to expand financial services across Saudi Arabia, Nigeria Toka Hatem Jul 26, 2022 0 Egyptian FinTech firm Aman Group, which is owned by Raya Holdings and the National Bank of Egypt (NBE), announced…
Money Egypt’s EFG Hermes advising on 4-5 acquisitions Islam Salah & Gehad Abdelghany Jul 21, 2019 0 Egypt’s EFG Hermes is advising on 4-5 acquisitions expected to close before the end of the year, Mostafa Gad,…
World European markets close lower as tech and banking stocks dragged Yomna Yasser Nov 28, 2017 0 European stocks closed lower on Monday, pushed down by the selling of stocks in financial services and tech. The…
World Stocks close at record highs after Fed signals it will raise rates in December Yomna Yasser Oct 12, 2017 0 U.S. stocks closed higher on Wednesday after the Federal Reserve released a summary from its previous meeting that…
Banks UK banks call for mutual recognition agreement with EU after Brexit Yomna Yasser Sep 10, 2017 0 Britain and the European Union should accept each other’s rules governing financial services in a “flexible”…
EGX Egypt’s Pharos eyes running two IPOs on Cairo bourse in H2-2016 Yomna Yasser Jan 18, 2016 0 Egypt’s investment bank, Pharos Holding is working on two initial public offerings (IPOs) on Cairo bourse that are…
Industry & Trade 663 New Firms Founded in Egypt during September, Mostly in Sharqia Yomna Yasser Dec 21, 2014 0 In October, around 663 new companies have been created in Egypt, totalling EGP 699.4 million in issued capitals, a…