Egypt’s Finance ministry unveils new measures for VAT payments
Egypt announces new measures regarding repaying Value Added Tax (VAT) and related taxes on commodities and services…
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payment
Central Bank of Egypt to launch QR code payment system soon
The Central Bank of Egypt (CBE) is gearing up to launch the quick response (QR) code payment system within the…
Vodafone, AlexBank to sign mobile money transfer deal Sunday
Vodafone Egypt is set to sign next Sunday a deal with AlexBank, part of Italian bank Intesa Sanpaolo, to offer…
Bitcoin smashes through $6,100 to hit a new record high
Bitcoin set a new record high on Saturday breaking through the $6,100 barrier. The cryptocurrency hit an all-time…
Orange Egypt eyes new customer service centre in Assiut
France's largest telecoms company Orange SA is planning to pump investments in the new technology parks, including…
Egypt in $750 mln debt payout to oil firms
Egypt is to make a debt payment of $750 million to international oil companies on June 1, Central Bank Governor…
Asian stocks close mixed
Asian markets traded weaker on Friday as comments from President Donald Trump on an existing free trade pact…
Egypt’s Real Estate Tax Authority posts 1.5 billion pounds-revenues in Q3-FY17
Egypt's Real Estate tax authority (RTA) reached total revenues of 1.5 billion Egyptian pounds ($83.1 million)…
South Africa vows to pay 17 million welfare grants despite crisis
A South African cabinet minister vowed Sunday that welfare grants to 17 million beneficiaries would continue to be…
Mexico will pay US back for wall
The US Congress is exploring ways to pay for a southern border wall, with payment to be sought from Mexico later.…
IMF head Christine Lagarde in negligence trial in France
International Monetary Fund (IMF) chief Christine Lagarde has gone on trial in France for negligence over a…
Raya launches e-payment arm Aman in Egypt
Egypt’s information telecommunications firm, Raya Holding has launched Tuesday its electronic payment arm named…
India mobile payments surge after shock banknote move
India's surprise move to get rid of big banknotes may have sparked a nationwide cash crunch, but it has proved a…
Orange Egypt completes payment for 4G mobile licence
Orange Egypt has completed payment for its fourth-generation mobile services licence and submitted the outstanding…
Uber to give drivers daily bonus to face fuel price hike
Uber modified its driver payment system after the increase of fuel prices a few days ago. The company introduced…
Kuwait’s Isys rebrands as One Global, launches new tech products
Kuwaiti-based company responsible for launching electronic payment services in the Middle East, Africa, Europe and…
Fawry to launch payment system for Egypt smart electricity metres soon
Leading electronic bill presentment and payment (EBPP), Fawry, is set to launch a new payment service for pre-paid…
Lack of investment, payment delays hamper Venezuela oil output
Venezuela, which holds the world's largest crude reserves, is on track to suffer its steepest annual oil output…
Hackers penetrate Oracle payment system
Oracle detected malicious code in certain payment systems used in hospitality and retail, the company said. Details…
Samsung Elec, Alibaba to collaborate on mobile payment systems
Samsung Electronics and Alibaba Group Holding plan to announce a collaboration on mobile payment systems on Friday,…
Citi puts Asia payment processing business up for sale
Citigroup (C.N) has puts its Asia payment processing business on the block as part of a ongoing global plan to exit…
Citigroup, U.S. Bancorp exit money-losing Brazil card venture
Citigroup Inc and U.S. Bancorp have agreed to sell Brazilian card payment processing joint venture Elavon do Brasil…
Bee inks agreement with Tahya Misr fund to ease donations through it
Bee Smart Payment Solutions, a premier electronic payment solution and service provider, extends its leading…
E-Finance Egypt, 2 banks in talks over applying mobile banking solutions
Egypt's electronic payment gateway E-finance is negotiating with two banks to apply mobile banking solutions,…
Egypt’s electronic payment platform Fawry eyes 50% growth rate in 2016
Fawry Company for e-payment targets a growth rate between 35% and 50% in 2016. The company aims to launch a new…
E-finance mechanises 5.2mn cards for public employees’ salaries
E-finance, the first and largest electronic payment and collection gateway in Egypt, has finished mechanising 5.2…
Egypt’s GASC says changed wheat payment terms for tender
Egypt's state-owned General Authority for Supply Commodities (GASC) said that it has changed the terms of payment…
Egypt Signals Currency Policy Shift With Payment Of Foreign Dues
Egypt’s new central-bank Governor Tarek Amer sought to restore investor confidence battered by five years of…
China jumps to fourth most-used world payment currency, overtakes yen – SWIFT
China's yuan became the fourth most-used world payment currency in August, overtaking the Japanese Yen, global…
Payfort launches Instalments Service in Egypt, UAE, Saudi Arabia
The Arab world’s leading online payment service provider Payfort has launched on Sunday an instalments service in…
Raya sells Share in e-billing Fawry with $22mln
Raya Holding for Technology & Telecommunications to sell its equity in e-bill payment firm Fawry with 174.24…
Yahoo’s Former CEO Receives $16.4mln as Final year’s Compensation
Former Yahoo CEO Carol Bartz received a compensation package valued at $16.4 million in her final year on the job,…
Vodafone Faces Expanded EU Probe on Mobile Payment System
Vodafone Group Plc, Telefonica SA’s O2, and Everything Everywhere Ltd are facing an expanded probe by European…
STC Launches the “Drive-Thru Self-Service” Machine
Mr. Jameel Abdullah Al Molhem, CEO of KSA Operations has launched the first Drive-Thru Self-Service Machine, at…
Visa Shows a Massive Increase in International Spending During “DSF” 2012
International visitors to the UAE during the Dubai Shopping Festival 2012 (DSF) broke their spending records…
EBay Assigns David Marcus as President of PayPal
EBay Inc. on Thursday named David Marcus president of its PayPal unit, filling the role left vacant when Scott…