Cairo, Egypt – Egypt’s fintech giant Fawry for Banking Technology and Electronic Payment has announced the establishment of Fawry Holding for Financial Investment, a new umbrella entity designed to expand the company’s investment portfolio and bring all of its subsidiaries under a unified structure. The new holding company launches with an authorized capital of EGP […]
Askari Bank and Autosoft Dynamics Partner to Accelerate Digital Transformation in Lending
Islamabad, December 1, 2025: Askari Bank Limited has entered into a strategic partnership with Autosoft Dynamics (Pvt.) Limited, a leading provider of banking technology solutions, to implement a state-of-the-art Digital Lending and Loan Origination System (LOS). This collaboration marks a significant milestone in the Bank’s digital transformation journey and reinforces its commitment to redefining customer […]
CI Capital Asset Management Closes “Gold Misr” Fund With with Prizes
Cairo, Egypt: CI Capital Asset Management (CIAM), a subsidiary of CI Capital Holding (CICH.CA) – a diversified financial services group – owned by Banque Misr, announced the successful closing of the “Gold Misr” Fund. The Shariah-compliant gold investment fund with cumulative daily returns and prize draws, has exceeded expectations with a subscription coverage of more than […]
Visa Stay Secure Study: 96% of Consumers in Egypt Proactively Safeguard Digital Payments
76% trust digital payments; 86% anticipate increased usage in the next 12 months 85% are likely to act on messages commonly used by scammers, including clicking on a link or responding to the sender Cairo, Egypt, 20 November 2025: A recent study commissioned by Visa highlights strong consumer awareness and adoption of digital payment security […]
Egypt Post launches ‘Felousy’ as first digital investment platform for funds in Egypt
Egypt – Dalia El-Baz, Chairperson of Egypt Post, announced the launch of the “Felousy” application — the first fully integrated digital platform in Egypt dedicated to investing in investment funds. The platform is operated through PFI Investment Services, a company licensed by the Financial Regulatory Authority and wholly owned by Post for Investment (PFI), the […]
Al Baraka Bank Egypt reports outstanding performance in Q3 2025, posting net profit of EGP 2.97 bln with 33.4% growth
Cairo : Al Baraka Bank Egypt has reinforced its position as a leading Islamic bank by delivering exceptional financial results for the first nine months of 2025, supported by stronger operating activity and diversified income streams. This positive performance was reflected across all key financial indicators, underscoring the success of the bank’s strategy in achieving sustainable […]
Basata Financial Holding and Edge Holding Partners to Accelerate Financial Inclusion in Egyp
Cairo: Basata Financial Holding and Edge Holding for Investments are proud to announce a new strategic partnership in Basata Microfinance, one of Egypt’s leading players in the microfinance sector. Under the terms of the agreement, Edge Holding will acquire, through a capital increase, a 30% equity stake in Basata Microfinance and assume management responsibilities to support […]
Telda Brings Apple Pay to Egypt, Expanding Secure and Contactless Payments for Customers
Cairo, Egypt — Telda, Egypt’s leading digital financial platform, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction. Customers simply hold their […]
e& money and Contact Financial Holding Partner to Redefine Digital Consumer Finance in Egypt
Cairo: In a first-of-its-kind move for Egypt’s financial landscape, “e& money” announced a strategic partnership with Contact Financial Holding, setting a new benchmark in the fintech sector. The partnership is designed to elevate the consumer finance experience through cutting-edge digital solutions that integrate Contact’s financing solutions directly into “My e&” and “e& money” mobile applications, creating a seamless, end-to-end digital financing journey for customers. This partnership was […]
PayTabs Egypt and Valu Launch Merchant App to Elevate In-Store Payments Across Egypt
[Cairo, 12 October 2025] In a strategic collaboration aimed at accelerating Egypt’s digital payment transformation, PayTabs Egypt, an award-winning provider of payment orchestration infrastructure and digital payment solutions, has partnered with Valu, MENA’s leading universal financial technology powerhouse, to introduce the Valu merchant app. The app is a smart, contactless payment solution, thoughtfully designed and […]
