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Banque Misr to launch e-wallet with Telecom Egypt
Telecom Egypt (TE) has signed an agreement with Banque Misr to launch an e-wallet enabling clients to transfer and receive…
Raya’s microfinance arm Aman to start collecting installments online
Raya Holding’s microfinance subsidiary Aman will start accepting installments from its clients online after obtaining Financial Regulatory Authority approval, CEO…
Egypt’s CIT Ministry in talks with World Bank to provide e-lending to the youth
The CIT Ministry is in talks with the World Bank to provide electronic lending services to young borrowers in partnership…
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…
Egypt aims to pay employees electronically through new state-backed debit card
Around 4.5 mn civil servants could receive their salaries through the state-backed “Meeza” debit cards starting August, Finance Ministry spokesman…
EFG’s valU to launch in Upper Egypt next quarter
EFG Hermes’ mobile app valU is planning to expand into Upper Egypt next quarter, starting with Minya and Assiut, CEO…
Global financial systems are not simply Facebook’s playground
Will financial regulators rein in Zuckerberg’s attempts to upend the global financial system? Mark Zuckerberg may have hoped that Facebook’s…
Attijariwafa files request to CBE for mobile and internet banking licenses
Attijariwafa Bank has filed requests to the Central Bank of Egypt to acquire mobile banking and internet banking licenses, Chairman…
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