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NBE pushing into non-bank financial services
Al Ahly Capital has wrapped up its acquisition of a 75% stake in e-payments player Momken, National Bank of Egypt…
You have six more months to get in line with the E-Payments Act
Private sector companies and government bodies have an additional six months to install electronic payment terminals on-site, as mandated by…
Al Ahly Capital closing in on Momken acquisition
Al Ahly Capital is reportedly in the final stretch of acquiring a majority stake in e-payment firm Momken in a…
What we’re tracking on 4 March 2021
Good morning, nice people. Congratulations on making it through another workweek. Today can neither be classified as busy nor slow…
Big banks flock to crypto despite warnings
Major banks and firms are raising their holdings in cryptocurrencies despite market volatility, leaving US authorities concerned about the creation…
Ibnsina to tap healthcare fintech with new company
Ibnsina Pharma is making another play for the tech space, announcing in an EGXfiling (pdf) yesterday that it has set…
United Bank likes the digital banking space
United Bank is looking to acquire a controlling stake in an unnamed e-payments company, and is currently in negotiations over…
What the markets are doing on 28 February 2021
The global economic recovery is looking increasingly uneven, with a “dangerous divergence” opening up between the developed and developing worlds,…
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