MasterCard is looking to collaborate with the CIT Ministry to develop advanced digital payments infrastructure in the new capital, Chairman Michael Froman told Minister Amr Tawfik, according to a ministry statement. Froman also presented proposed solutions to introduce e-payments to the transport, agriculture and SMEs sectors.
More from Enterprise
CBE tightens oversight on NBFIs banking amid debate
The move comes amid a growing debate over the rapid…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls…
Fawry overhauls subsidiary leadership with new Fawry Plus, Fawry MSME heads
The fintech pioneer taps Group CFO Abdelmeguid Afifi to run…