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 […]
Contact Pay, eKhales expand partnership to offer PoS payment solutions in Egypt
This partnership enables Contact customers across the country to conveniently settle their payments via eKhales’ expansive partners network of PoS terminals. Contact Pay, a subsidiary of Contact Financial Holding, has expanded its partnership with eKhales, a digital payment platform under eFinance. The newly broadened collaboration will enable Contact customers to pay their installments and bills […]
Foodics is the official technology partner for Million Pound Menu to enhance the F&B sector
Ahmad Al-Zaini: Our goal is to support entrepreneurs in the F&B sector, and we are committed to providing the best solutions to help them grow and expand Ahmed Luxor: We aim to train contestants to use Foodics solutions and benefit from all their features Cairo, December 4, 2024: In line with its commitment to supporting […]
Visa and SwypeX Partner to Boost Digital Financial Inclusion in Egypt
Cairo, Egypt – In an exclusive interview with CNN Economics, Malak El Baba, Executive Vice President of Visa Egypt, revealed that digital transactions currently account for only 5% of Egypt’s economy. El Baba emphasized the urgent need for digital financial solutions to support both individuals and businesses, highlighting Visa’s commitment to broader financial inclusion. This […]
eNovate and BELBAQY Join Forces to Drive Financial Inclusion in Egypt
Cairo, Egypt — In a landmark move toward enhancing digital transformation and financial inclusion in Egypt, eNovate, a subsidiary of eFinance Investment Group for Financial and Digital Investments, has announced a strategic partnership with Belbaqy, a pioneer in innovative micro-investment solutions. The partnership aims to introduce cutting-edge financial tools tailored to the needs of individuals […]
BanknBox Partners with Al Ahly Momken to Revolutionize Payment Acceptance in Egypt
Cairo, Egypt – December 2, 2024 BanknBox, a leading digital banking and payment solutions platform based in Cairo, has announced a strategic partnership with Al Ahly Momkn, a prominent e-payments and fintech company in Egypt. This collaboration aims to revolutionize payment acceptance services across the country through advanced technology and innovative solutions. The partnership focuses […]
Paymob and Homzmart Expand Partnership to Drive Digital Transformation in Egypt’s Furniture Market and Beyond
Cairo, Egypt – November 27, 2024: Paymob, the leading financial services enabler in the MENA region, and Homzmart, Egypt’s premier e-commerce platform for furniture, have signed a Memorandum of Understanding (MOU) to strengthen their strategic partnership. The collaboration aims to accelerate the digital transformation of Egypt’s furniture retail sector and explore regional expansion opportunities in […]
SAFE partners with eFinance to Enhance Security and Financial Services in Saudi Arabia and Egypt
Cairo, Egypt – November 29, 2024 The National Security Services Company (SAFE), a leading entity under Saudi Arabia’s Public Investment Fund (PIF) spearheading transformation in the security services sector, has signed a memorandum of understanding (MoU) with Egypt’s eFinance, a premier fintech firm specializing in electronic payment and collection services. The announcement was made during […]
Invest Hong Kong Opens New Cairo Office to Strengthen MENA Business Ties
Hong Kong, 26 November 2024—Invest Hong Kong (InvestHK) has announced the opening of a new office in Cairo, Egypt, marking a strategic move to enhance its efforts in attracting companies from the Middle East and North Africa (MENA) region to establish or expand their businesses in Hong Kong. This milestone also aims to foster deeper […]
Souhoola Announces Completion of a 478 Million EGP Securitization Bond Issuance for Capital Securitization in Three Tranches
Cairo, November 25, 2024: Today, BM Consumer Finance, a leading consumer finance company, announced the successful conclusion of EGP 478mn securitized bond issuance for Capital for Securitization. CI Capital (CICH.CA), the leading diversified financial services group, acted as the issuance manager and principal coordinator for the transaction. This move aligns with the company’s strategy to […]