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 […]

IFC Extends Partnership with CIB to Strengthen Egypt’s Financial Sector and Small Businesses

Cairo, Egypt, November 24, 2024 – The International Finance Corporation (IFC) has announced a $150 million financing package for the Commercial International Bank (CIB), Egypt’s leading private sector bank. This strategic move aims to enhance CIB’s capital base, empowering it to extend greater support to micro, small, and medium-sized enterprises (MSMEs), including women-owned businesses, across […]

PayTabs Egypt and Azimut Partner to Revolutionize Digital Payments for Stock Trading in Egypt

Cairo, Egypt – : PayTabs Egypt, a leading payments solutions provider in the MENA region, has announced a strategic partnership with Azimut Egypt, a prominent multinational investment manager. This collaboration marks a significant milestone in Egypt’s financial landscape by enabling Azimut customers to top up their trading accounts and investment funds on the azinvest platform using […]

UAE’s FOO Partners with eNovate to Transform Egypt’s Digital Payment Ecosystem

Dubai, UAE – FOO, the award-winning B2B Software as a Service (SaaS) solutions provider, has announced a strategic partnership with eNovate, Egypt’s premier digital payment solutions provider, to enhance eNovate’s product portfolio and accelerate innovation in Egypt’s financial services sector. Driving Innovation in Egypt’s Financial Landscape As an independent subsidiary of eFinance Investment Group (EFIG), […]

GlobalCorp for Financial Services Announces EGP 800 million Increase in Paid-In Capital Driving Further Strategic Expansion and Market Positioning in Egypt – Fintech News Egypt

Cairo, November 12, 2024 – GlobalCorp Group (GC-Group), a leading Egyptian Non-Banking Financial Services Group, today announced a significant increase in its issued and paid-in capital, reflecting the company’s robust growth and shareholder confidence in its future. This capital increase aligns with GC-Group’s broader strategic goal of expanding its footprint and service offerings across Egypt’s […]

NymCard Partners with Blnk to Enhance Digital Lending in Egypt – Fintech News Egypt

NymCard Partners with Blnk to Enhance Digital Lending in Egypt Dubai, UAE – NymCard, a leading provider of modern card issuance and payment solutions, is thrilled to announce a strategic partnership with Blnk, Egypt’s premier digital lending platform. This collaboration aims to introduce tailored payment solutions designed specifically for Blnk’s users, empowering both merchants and […]

Jumia Egypt partners with Premium Card to support E-Commerce growth in Egypt – Fintech News Egypt

Cairo, Egypt – Jumia, Egypt’s leading e-commerce platform, has entered a strategic partnership with Premium International for Financial Services, known for its diverse payment solutions through Premium Card. This collaboration aims to elevate the online shopping experience for Egyptian consumers by providing exclusive offers, flexible payment plans, and attractive discounts. Through this partnership, Premium Card […]

Thunes Partners with Ecobank to Enhance Financial Access and Cross-Border Payments Across Africa

November 7, 2024 – In a strategic move to drive financial inclusion and streamline cross-border payment solutions across the African continent, Thunes has announced a partnership with Ecobank Transnational Incorporated, a leading pan-African financial institution. This collaboration aims to build secure, efficient digital payment pathways for millions of individuals and businesses throughout Africa, connecting them […]

Fawry’s Soft POS solution achieves CPOC, MPOC certifications – Fintech News Egypt

This dual certification boosts the company’s ability to deliver secure, compliant, and cutting-edge payment solutions in the MENA region Egypt, November 2024 — Fawry, Egypt’s leading digital payments platform, has successfully completed the Mobile Point of Sale (MPOC) certification cycle, becoming the first company in the MENA region to achieve both MPOC and Contactless Payment […]