{"id":581998,"date":"2023-02-28T00:00:00","date_gmt":"2023-02-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/28\/cross-border-payments-bill-payments-are-getting-easier-for-egyptians-in-the-uae-thanks-to-fawry-botim\/"},"modified":"2023-02-28T00:00:00","modified_gmt":"2023-02-28T00:00:00","slug":"cross-border-payments-bill-payments-are-getting-easier-for-egyptians-in-the-uae-thanks-to-fawry-botim","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/28\/cross-border-payments-bill-payments-are-getting-easier-for-egyptians-in-the-uae-thanks-to-fawry-botim\/","title":{"rendered":"Cross-border payments, bill payments are getting easier for Egyptians in the UAE thanks to Fawry + Botim"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">FINTECH-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Fawry + Botim collab to help Egyptians in UAE to make cross-border payments, <\/span><span style=\"font-weight:700\">pay bills:<\/span><span> Local e-payments giant Fawry and Gulf voice-calling app <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/botim.me\/home\/\" style=\"\">Botim<\/a><\/span><span> are partnering to allow Egyptian expats residing in the UAE to pay bills and send home remittances, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/2\/Fawry-BOTIM-EN.docx.pdf\" style=\"\">joint<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/2\/Fawry-BOTIM-EN.docx.pdf\" style=\"\">press release (pdf)<\/a><\/span><span>. Users will be able to make money transfers or pay invoices due in Egypt \u2014 including utility bills, school and university fees, and medical and social ins. \u2014 through the Botim app. Botim was <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/01\/15\/why-slowing-inflation-in-the-us-of-a-may-be-good-news-for-em-debt-and-for-egypt-93525\/\" style=\"\">acquired by Emirati firm Astra Tech<\/a><\/span><span> last month.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MANUFACTURING-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Temry Chicken will build an EGP 150 mn poultry factory<\/span><span style=\"\"> in Sharqiya Governorate, that will <\/span><span>produce <\/span><span>300 tons <\/span><span>of chicken per month, <\/span><span>company head Mahmoud Al Anani was quoted as telling <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3SFprqI\" style=\"\">Al Mal<\/a><\/span><span>. Construction will begin by the end of this year, with plans for the factory to start operations by the beginning of 2025, Al Anani said.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">NBFS-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Farmers will now be able to get loans via e-Finance:<\/span><span style=\"\"> State-owned tech company <\/span><span>e-Finance has obtained the central bank\u2019s approval to provide financing to farmers via the Agriculture Ministry\u2019s smart farmers card, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.alborsaanews.com\/2023\/02\/27\/1637943\" style=\"\">Al Borsa<\/a><\/span><span style=\"font-weight:400;\"> reported, citing statements by Chairman Ibrahim Sarhan. He said farmers will be able to receive loans guaranteed by their agricultural holdings through the card, which is issued by e-Finance on behalf of the Agricultural Bank of Egypt.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Integrating agriculture:<\/span><span style=\"font-weight:400;\"> The card allows farmers to receive subsidized fertilizers, access agricultural data, and make digital payments and purchases.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">TECH-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">To space via China: <\/span><span style=\"\">Egypt has launched its Horus 1 satellite, which is equipped with a <\/span><span>high-resolution camera, from a Chinese launch site, Egyptian Space Agency CEO Sherif Sedky said in a televised interview last week (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=Sl3_qYaObBQ\" style=\"\">watch runtime: 5:27<\/a><\/span><span style=\"font-weight:400;\">).<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FINTECH- Fawry + Botim collab to help Egyptians in UAE to make cross-border payments, pay bills: Local e-payments giant Fawry and Gulf voice-calling app Botim are partnering to allow Egyptian expats residing in the UAE to pay bills and send home remittances, according to a jointpress release (pdf). Users will be able to make money [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":581999,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,6720,339,72,519,183,125,131,595,6721],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-581998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-botim","tag-e-finance","tag-enterpriseam","tag-fawry","tag-fintech","tag-investment-watch","tag-manufacturing","tag-non-banking-financial-services","tag-temry-chicken","wpautop","entry"],"acf":{"mongo_id":"4e0a1999-283f-4879-aa8d-0f44fec29b1b","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2019\/7\/Fawry-1600px.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[581978],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.e532e547-89ca-4950-97eb-e593a218a152.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cross-border payments, bill payments are getting easier for Egyptians in the UAE thanks to Fawry + Botim - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/28\/cross-border-payments-bill-payments-are-getting-easier-for-egyptians-in-the-uae-thanks-to-fawry-botim\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cross-border payments, bill payments are getting easier for Egyptians in the UAE thanks to Fawry + Botim\" \/>\n<meta property=\"og:description\" content=\"FINTECH- Fawry + Botim collab to help Egyptians in UAE to make cross-border payments, pay bills: Local e-payments giant Fawry and Gulf voice-calling app Botim are partnering to allow Egyptian expats residing in the UAE to pay bills and send home remittances, according to a jointpress release (pdf). 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