Cairo: In Egypt, daily transactions often come with a familiar phrase: “Cash Walla Visa?” It’s a question merchants have asked for years – passed down from one generation to the next – reflecting just how deeply Visa is woven into the rhythm of everyday commerce. This isn’t a campaign line taught by Visa. It’s a cultural […]
Cairo, April 9, 2025: Intro Group, an Egyptian investment company, has signed an agreement to acquire a stake in ADVEC, a leader in energy engineering consultancy, power systems analysis, and AI-driven technical solutions. The acquisition seeks to provide innovative, sustainable energy and IT solutions that support Egypt’s governmental push for renewable energy, environmental protection, and […]
InfiniLink has raised $10M in seed funding to accelerate the development of its optical connectivity solutions, addressing the growing bandwidth and energy efficiency demands of AI-driven data centers. CAIRO, March 31, 2025 /PRNewswire-PRWeb/ — InfiniLink, an innovative semiconductor startup specializing in advanced optical data connectivity chips for AI-driven data centers, today announced the successful closure of a $10M funding round. This […]
Cairo, Egypt: Mastercard announced a strategic collaboration with PayTabs Group to facilitate digital payment solutions for small and medium enterprises in Egypt. Through this collaboration, PayTabs will leverage Mastercard’s global network and digital payments capabilities to provide merchants with a while-labelled digital payments platform. This solution is designed to elevate payment acceptance capabilities for small and […]
Cairo, Egypt – Rabbit, the leading tech-driven, hyperlocal e-commerce company, announces its market entry to Saudi Arabia – and a target of delivering 20 million items in all KSA’s major cities, by 2026. Rabbit is already live in KSA. The Company has established its regional headquarters in Riyadh – with a growing Saudi team, and its operations […]
San Francisco/Cairo – April 4, 2025 — Stakpak, Inc., the company behind the first AI-powered Integrated Development Environment (IDE) for software infrastructure, today announced it has raised $500,000 in a pre-seed funding round led by P1 Ventures, with participation from Digital Currency Group, 500 Sanabil, and prominent angel investors including Moataz Soliman and Omar Gabr, […]
March 25, 2025 Dubai – UAE: Alhuda Center of Islamic Banking and Economics (CIBE), a globally recognized leader in promoting Islamic banking and finance, has signed a landmark agreement with Autosoft Dynamics, a renowned banking software solutions provider, to introduce cutting-edge core banking system along with end-to-end Shariha Compliance Islamic Suite (Consumer & Commercial) for Banking / […]
Cairo – Al Tadamun Microfinance Foundation, a leader in microfinance for micro-projects aimed at women, has reached an agreement with QNB Egypt, a subsidiary of QNB Group, to renew a credit facility worth EGP 195 million. This financing aims to expand the funding of micro-projects owned by women throughout the country. This agreement reflects the commitment […]
Cairo, Egypt – MNT-Halan, the region’s leading fintech company, has received approval from the Financial Regulatory Authority (FRA) to implement in Egypt electronic Know Your Customer This marks a significant leap forward in Egypt’s fintech sector, delivering a seamless digital experience. By eliminating friction and traditional paperwork, e-KYC enables a fully digital onboarding experience, allowing users […]
Cairo, Contact Financial Holding, Egypt’s leading non-banking financial services provider, has signed a new agreement with Fawry, Egypt’s leading fintech company, to expand their partnership by enabling Contact’s Buy Now, Pay Later (BNPL) service across Fawry’s extensive payment network, which includes over 370,000 points of sale and its online platform. This agreement expands the successful strategic partnership between […]