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Raya signs off on issuing securitized bonds worth EGP 500 mn
Raya issues securitized bonds worth EGP 500 mn: Raya Holding signed yesterday its first securitized bond issuance for its subsidiaries,…
Banque du Caire launches mobile wallet app, QR Code features
Banque du Caire has launched a mobile wallet app, Qahera Cash, that allows users to pay bills, transfer money, and…
MasterCard plans to invest EGP 2 bn in Egypt by 2025
INVESTMENT WATCH- Mastercard plans to invest EGP 2 bn in Egypt over the next five to six years, including EGP…
CBE announces four key pillars to its financial inclusion strategy going forward
Central bank Sub-Governor Lobna Helal laid out the pillars of the CBE’s financial inclusion strategy in a speech (pdf) at…
CBE boss Tarek Amer to become chairman of Alliance for Financial Inclusion
MOVES- Central Bank of Egypt Governor Tarek Amer will on Tuesday assume the chairmanship of the Alliance for Financial Inclusion’s…
TA Telecom spins off fintech startup NowPay after it secures USD 600k seed funding
STARTUP WATCH- TA Telecom has spun off Egyptian fintech startup NowPay after it raised USD 600k in seed funding from…
Facebook’s grandiose ambitions for financial inclusion sound great — but Libra may be destined to remain a pipe dream
Facebook’s grandiose ambitions for financial inclusion sound great — but Libra may be destined to remain a pipe dream: The…
Govt, CBE and Capmas working on unified definition of the informal economy
The ministries of planning, industry and investment, along with the CBE and Capmas will create a unified definition for the…
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