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 — […]
Cross Switch, a provider of class-leading payment solutions, has strengthened its African presence by officially launching services in Kenya and partnering with licensed local payment provider Pesawise. This collaboration makes the most of Pesawise’s solid regulatory standing and trusted reputation, allowing Cross Switch to establish it’s footprint and, together with Pesawise, immediately deliver robust payment […]
Cairo – Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt ) has signed a partnership agreement with Saudi Airlines to launch the first international Alfursan credit card in Egypt, in collaboration with Visa. This landmark collaboration marks the launch of the first international co-branded Alfursan card, and the card’s benefits will be tailored specifically for the Egyptian […]
Cairo – Tasaheel, Egypt’s largest and fastest-growing lender for small businesses and entrepreneurs, and part of MNT-Halan, announced the successful conclusion of a landmark EGP 2.5 billion corporate bond issuance, the largest of its kind in the Egyptian market to date. Tasaheel’s issuance, which received an investment-grade BBB+ rating from Middle East Ratings and Investor Services […]
Captain Ahmed Adel: We are keen on introducing the latest technological innovations to provide our customers with a seamless and exceptional travel experience. Leila Serhan: We are committed to being the preferred partner for leading global companies and institutions, offering customers the most secure payment solutions. Egypt, 6 May 2025: Dr. Sameh El Hefny, Minister […]
Cairo, Egypt: Fawry, Egypt’s leading Fintech company, has announced a collaboration with Microsoft to drive digital transformation for small and medium-sized enterprises (SMEs) in Egypt by integrating Microsoft 365 (M365) solutions with Fawry Business service products. This collaboration is set to revolutionize the SME landscape by offering an integrated suite of digital and financial solutions, enhancing […]