Cairo, Egypt. Contact Financial Holding, Egypt’s leading non-banking financial services provider, has announced a strategic partnership with noon Payments, the integrated online payment gateway powered by noon. This collaboration will be implemented through Contact’s AI-powered digital application, ContactNow, and its leading payment solutions provider, Contact Pay. The partnership aims to enhance Egypt’s digital payment ecosystem and expand access to seamless, […]
With 146% Gross Revenue CAGR (2019 – 2024), 16,000 Daily Transactions as of the first quarter of 2025, and Unmatched Customer Engagement, Valu’s Commencement of Trading on the EGX Highlights its Transformative Role in Egypt’s Economy Cairo: EFG Holding, a leading financial institution with a universal bank in Egypt and the leading investment bank in the […]
In May 2022, Amazon entered into an Option Agreement with EFG Holding, acquiring USD 10 million of EFG Holding GDRs. Cairo, Egypt — U Consumer Finance S.A.E., known under the trademark Valu, a subsidiary of EFG Holding, and EFG Holding are pleased to announce that Amazon has agreed to exercise its option to acquire a direct equity […]
Contact Financial Holding’s Insurance Division Shines in 1Q-25: Net Income Jumps 767% YoY to EGP 43mn. Cairo, Contact Financial Holding (CNFN.CA), Egypt’s leading non-bank financial services provider, announced today its consolidated financial results for 1Q25. The Group delivered a strong start to the year, boasting a solid 30% y-o-y increase in consolidated operating income, to reach EGP […]
Cairo, Egypt – EGBANK has joined forces with Mastercard to drive financial accessibility, expand digital payment adoption and introduce affluent new segments to the bank’s card portfolio. The collaboration aims to strengthen EGBANK’s strategy and reinforces its commitment to delivering convenient, seamless and secured payment experience. Mastercard will support EGBANK in developing its portfolio of […]
The growth was supported by improved performance across retail, treasury, corporate credit, and SME segments. Arab Finance: Banque du Caire recorded a 45% year-on-year (YoY) increase in net profits after tax for the first quarter (Q1) of 2025, reaching EGP 3.4 billion, up from EGP 2.4 billion, as per an emailed statement. The growth was supported […]
They will also work together on introducing a new standard of efficiency and consumer loyalty to F&B businesses across Egypt and Saudi Arabia. WaffarX, Egypt’s leading fintech cashback solution, has entered a new strategic partnership with DGTERA, a fast-growing provider of smart solutions in the food and beverage (F&B) and retail sectors, according to an […]
Partnership marks significant milestone in payment operations automation in GCC. [Dubai, 29st May 2025] – PayTic, a leading payment operations automation platform, today announced a strategic partnership with NymCard, marking PayTic’s entry into the GCC with its first strategic client. This collaboration represents a significant milestone in bringing advanced payment automation solutions to the rapidly growing Middle East […]
Rabat, Morocco — In a significant move toward advancing digital payments in Morocco, global payments leader Visa has announced a strategic collaboration with VANTAGE PAYMENT SYSTEMS (VPS) to enhance digital payment acceptance across the country. The partnership aims to broaden the rollout of Visa Acceptance Solutions, delivering secure, scalable, and future-ready payment infrastructure for merchants nationwide. This initiative is poised to […]
Oman: In a key step for Oman’s growing fintech landscape, AmwalPay has officially announced its integration with Shopify, becoming the first Omani payment gateway licensed by the Central Bank of Oman to be directly available for Shopify merchants. Through this integration, merchants in Oman can now activate AmwalPay as a payment provider on their Shopify stores — […]