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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…
Africa leads in mobile money payments
Africa is a global leader in mobile money payments: The region has become the global leader in mobile money innovation,…
Careem users in Egypt can top up mobile phone credit using Careem Pay feature
Careem has introduced a new mobile wallet feature, Careem Pay, which allows users in Egypt, the UAE, and Pakistan to…
Seven technological parks to be launched in universities in 2019
Seven technological parks are due to be launched this year at different universities in Egypt at a total cost of…
Gov’t begins to roll out Meeza debit cards
The Finance Ministry began distributing almost 5 mn “Meeza” debit cards to public sector workers at the beginning of September…
Egypt’s Fawry to move into micro insurance brokerage early 2020
Fawry is planning to venture into micro insurance brokerage by early 2020, CEO Mohamed Okasha told the press, without providing…
Food producers move towards e-payments amid push for financial inclusion
Food producers have begun collecting their payments from retailers electronically through apps such as Fawry, Farm Frites General Manager Ahmed…
Egypt’s state-owned e-Finance to go public by the end of the year, says chairman
IPO WATCH- Is the e-Finance IPO back on for 2019? The planned initial public offering of state-owned payments platform e-Finance…
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