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Telecom Egypt to launch online TV, mobile wallet services
State-owned Telecom Egypt’s mobile network operator WE is launching an online TV streaming service and mobile wallet within weeks, CEO…
Egypt pushes for better business environment
On the government’s mind today: Improving Egypt’s business environment. President Abdel Fattah El Sisi urged his government to make the…
Fintech in Egypt has the potential to boom
A deep dive into the state of fintech in Egypt: Egypt’s burgeoning fintech scene could spur growth by helping bring…
Online platform XPay raises USD 250k in funding
STARTUP WATCH- Fintech startup XPay has raised USD 250k from two unnamed angel investors shortly after raising a still-not-disclosed sum…
Formalizing micro businesses the key to building a strong SME sector
Formalizing micro businesses is the key to building a strong SME sector: Arab governments should make micro businesses the priority…
Egypt’s FRA mulls licensing companies and intermediaries to act as SME lenders
The Financial Regulatory Authority (FRA) is studying issuing licenses to allow companies and financial intermediaries to extend loans to SMEs,…
CIB Chairman Hisham Ezz Al Arab on economic reform, financial inclusion
Egypt’s economic reform program is finally beginning to bear fruit as confidence and investment levels increase, our friend CIB Chairman…
Balances in e-wallets to become interest bearing?
The Central Bank of Egypt (CBE) is mulling whether interest should be paid on funds left in e-wallets to give…
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