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New regs aim to make mobile, card payments easier
The Central Bank of Egypt has issued regulations (pdf) for the new interoperability system designed to boost financial inclusion and…
Banque Misr to issue Meeza cards for Tanmeyah
A few things we’re keeping an eye on this morning: Banque Misr will issue prepaid Meeza cards for Tanmeyah Micro…
CBE orders banks to take it easy on small account holders
SMART POLICY- Banks will have much less leeway to close dormant accounts under new policies from the CBE. Egyptian banks…
THIS MORNING: What’s going to make news in Egypt in August + bracing for Delta and a fourth wave of covid-19
Good morning, wonderful people, and welcome to a new month — and to interest rate week. All 12 analysts we…
EFG Hermes subsidiaries take home fintech awards
EFG Hermes consumer finance subsidiary valU took home a nod from Entrepreneur Middle East’s 2021 fintech awards, the company said…
Paymob wants to set up shop in Saudi
Payment gateway Paymob is looking to roll out digital payment services in Saudi Arabia in the coming five years as…
African sovereign wealth funds are prioritizing the local over the global
The pandemic was “a boon” for African sovereign wealth funds that invest at home, providing a boost to sectors in…
Cairo Angels invests in Kashat
Kashat has landed Cairo Angels’ largest investment to date: VC firm Cairo Angels has made an undisclosed investment in our…
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