Casablanca, Morocco – Attijariwafa Bank and Visa have announced a strategic collaboration aimed at transforming the digital payments landscape in Morocco and reinforcing the bank’s reputation as a leader in technological innovation. This partnership is set to accelerate the bank’s initiatives in emerging payment technologies, aligning with the evolving needs of customers. By combining Visa’s […]
Cairo – Beltone Holding (“Beltone” or the “Company”) announces that its Board of Directors has approved to proceed with all legal and regulatory procedures to increase the Company’s capital with an amount of EGP10.75 billion. This decision comes after the successful capital increase of EGP10 billion last year The Board of Directors’ approval supports the […]
This prestigious recognition celebrates his significant contributions to the MENA startup ecosystem. December 23, 2024 Ali Mokhtar, CEO and Managing Partner of Beltone Venture Capital, has been honored as one of Forbes Middle East’s Top Venture Capitalists for 2024. This prestigious recognition celebrates his significant contributions to the MENA startup ecosystem and his transformative leadership […]
This strategic partnership aims to bolster ACC’s ongoing and future projects in Egypt and the GCC region. December 23, 2024 Cairo, Egypt – Emirates NBD Egypt has signed a significant financing agreement with Arabian Construction Company (ACC), one of the leading construction firms in the Middle East, by granting EGP 2.5 billion in credit facilities. This […]
A leading social enterprise focused on sustainable development and organic agriculture in Egypt. December 18, 2024 Cairo: Beltone Leasing and Factoring, a subsidiary of Beltone Holding, announces the signing of an EGP350 million sale and leaseback agreement with SEKEM Group, a leading social enterprise focused on sustainable development and organic agriculture in Egypt. This partnership involves […]
Casablanca, Morocco – ZSystems (Z), a Morocco-based B2B marketplace transforming traditional retail through technology and innovation, has announced the successful completion of its $1.5 million Seed funding round. The round was led by prominent Morocco-based venture capital firms, including MNF Ventures (via MNF II fund), Witamax (via Funds II and III), Cash Plus Ventures, and […]
The CBE’s approval of these regulations is part of a broader initiative to promote digital transformation within the Egyptian financial sector. Egypt – Several major Egyptian banks have activated card tokenization services through Apple Pay, following the Central Bank of Egypt’s (CBE) February 2023 approval of regulations for this technology. National Bank of Egypt, Banque […]
Cairo, Egypt — Mastercard, in collaboration with the Central Bank of Egypt (CBE) and Egyptian Banks Company (EBC), brings Apple Pay to users in Egypt, providing a safer, more secure and private way to pay in-store, in-app and online. To pay in-store, customers simply double-click the side button and hold their iPhone or Apple Watch […]
MENA’s First Fintech Unicorn, Egypt-born MNT-Halan, Brings Its Ecosystem of Financial Solutions to the GCC, Starting with Halan Advance and Targeting 250,000 Customers in 2025. December 11, 2024 Dubai, UAE – MNT-Halan, Egypt’s leading fintech company and first unicorn, has entered the UAE market, marking a key milestone in its rapid expansion across the region. […]
December 9, 2024: Egypt – Banque Misr has conducted Egypt’s first public digital auction to sell its real estate assets, marking a milestone in the adoption of innovative technologies in the banking sector. The auction, held in partnership with the Belmazad.com platform, represents a new era of transparent, efficient, and fair bidding, aligning with the […]