Cairo, Egypt – Sylndr, Egypt’s leading platform for buying and selling used cars, in collaboration with the TRU App, has announced the launch of “Sylndr Swift Powered by TRU,” the country’s first fully-integrated digital car financing platform. By combining advanced digital application procedures with certified vehicles from Sylndr, the new platform aims to redefine the […]
DUBAI, UAE: Paymob, the leading financial services enabler in MENA-P, announces it has been granted the Retail Payment Services License by the Central Bank of the UAE (CBUAE) after successfully meeting all regulatory conditions and requirements through a rigorous approval process. The license authorizes Paymob to offer merchant acquiring, payment aggregation services, and domestic fund transfers […]
Egypt – Cairo — Visa, a world leader in digital payments, today brings Apple Pay to its customers in Egypt. Apple Pay is a safe, secure and easy 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 near a payment terminal […]
Cairo, Egypt – Al Baraka Bank Egypt serves as a leading example in the Egyptian banking sector, being one of the most prominent financial institutions in the Islamic banking sector for over 40 years. In 2024, the bank achieved several significant milestones while continuing to provide innovative Sharia-compliant banking services, while playing a crucial role in digital […]
Cairo, 15 January 2025: Orascom Development, the leading international developer of vibrant, integrated communities across Europe, the Middle East, and North Africa, has announced the appointment of Hazem Helal as the CEO of O West, Makadi Heights, and Byoum by Orascom Development. In support of Orascom Development’s ambition to be an international developer of prime […]
Arab Advisors Group released a new research report exploring the growing fintech market in the Arab World. The report expands on the current fintech landscape in the Arab region, covering the fintech regulatory frameworks, licensing, legality of cryptocurrency, fintech goals and initiatives, challenges and governmental vision for the sector in 19 Arab countries. Moreover, Arab Advisors […]
Raseedi, a fintech company focused on serving Egypt’s underbanked population, has acquired Kashat and its subsidiary Pharos Microfinance in an equity deal, as per a press release. The acquisition allows Raseedi to expand its services by offering instant cash loans of up to EGP 3,000 to underserved individuals. The move supports Raseedi’s efforts to introduce […]
January 6, 2025 PayMint, a leading financial technology company, has announced that it has obtained final approval from the Central Bank of Egypt to launch its first Meeza prepaid cards in partnership with Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt). This milestone aligns with the bank’s continuous efforts to collaborate with FinTech companies to provide […]
January 3, 2025 Cairo, Egypt: Raya Holding for Financial Investments proudly announces a strategic partnership between Aman for Non-Banking Financial Services and Digital Payments, Jarir Bookstore, the largest retail company in Saudi Arabia and a leading distributor of electronics, books, and stationery in the GCC, and Al-Manea, the leading retail companies specializing in home appliances. This collaboration marks a pivotal milestone for Aman as it enters […]
January 3, 2025 EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) announced today that its investment banking division successfully concluded advisory on a future cash flow securitization issuance worth EGP 500 million for Badr University in Assiut (BUA), one of CIRA’s flagship universities. This […]