HEALTHCARE-

Allianz teams up with Esaal for digital healthcare: Ins. company Allianz Egypt signed a partnership agreement with local wellness startup Esaal to give its clients access to a wide range of digital healthcare services, including mental and physical health, and nutrition services, the company said in a statement (pdf) on Monday. Allianz’s customers will gain access to Esaal’s network of more than 350 healthcare professionals, which provide remote consultations on a wide range of health issues. The partnership is expected to go into effect as soon as the companies receive regulatory approval.

AGRICULTURE-

Russian seeds: An unnamed Russian firm has established an Egyptian subsidiary to open a pesticide factory and produce seeds for the local market, the company’s chairman told Agriculture Minister El Sayed El Quseir, according to a ministry statement.

FINTECH-

Visa launches Africa Fintech Accelerator: The new training and mentorship program is part of Visa’s USD 1 bn pledge to support digital transformation projects, a press release (pdf) said. The program will support up to 40 startups annually through a three-month intensive course. Select businesses will receive capital investments from Visa further to the program in addition to access to Visa’s tech and resources. Applications for the first cohort open next month.

Emirates NBD Egypt x Buna: Emirates NBD Egypt has partnered with the Arab Monetary Fund’s cross-border payment platform Bunato facilitate payments across the region, a press release (pdf) reads.

TOURISM-

Are our neighbors visiting us more? Egypt for the first time made a list of the top 10 most popular destinations for travelers from Eastern Europe and the Middle East. We came in as the seventh most popular destination for travelers from the region in the Mastercard Economics Institute’s 2023 report on travel industry trends. Saudi Arabia also made the top 10 for the first time, with the authors suggesting that efforts “to diversify the Middle Eastern economy and investments in tourism” are leading to more visitors from the region making repeat trips here and to the KSA.

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