This prestigious recognition celebrates his significant contributions to the MENA startup ecosystem. December 23, 2024 Ali Mokhtar, CEO and Managing Partner of Beltone Venture Capital, has been honored as one of Forbes Middle East’s Top Venture Capitalists for 2024. This prestigious recognition celebrates his significant contributions to the MENA startup ecosystem and his transformative leadership […]
Emirates NBD Egypt grants EGP 2.5bln in credit facilities to Arabian Construction Company
This strategic partnership aims to bolster ACC’s ongoing and future projects in Egypt and the GCC region. December 23, 2024 Cairo, Egypt – Emirates NBD Egypt has signed a significant financing agreement with Arabian Construction Company (ACC), one of the leading construction firms in the Middle East, by granting EGP 2.5 billion in credit facilities. This […]
Beltone Leasing and Factoring, signed a sale and leaseback agreement with SEKEM Group worth EGP350mln
A leading social enterprise focused on sustainable development and organic agriculture in Egypt. December 18, 2024 Cairo: Beltone Leasing and Factoring, a subsidiary of Beltone Holding, announces the signing of an EGP350 million sale and leaseback agreement with SEKEM Group, a leading social enterprise focused on sustainable development and organic agriculture in Egypt. This partnership involves […]
ZSystems Secures $1.5 Million in Seed Funding to Transform Morocco’s Traditional Retail Market
Casablanca, Morocco – ZSystems (Z), a Morocco-based B2B marketplace transforming traditional retail through technology and innovation, has announced the successful completion of its $1.5 million Seed funding round. The round was led by prominent Morocco-based venture capital firms, including MNF Ventures (via MNF II fund), Witamax (via Funds II and III), Cash Plus Ventures, and […]
Egyptian Banks Launch Apple Pay Tokenization
The CBE’s approval of these regulations is part of a broader initiative to promote digital transformation within the Egyptian financial sector. Egypt – Several major Egyptian banks have activated card tokenization services through Apple Pay, following the Central Bank of Egypt’s (CBE) February 2023 approval of regulations for this technology. National Bank of Egypt, Banque […]
Mastercard brings Apple Pay to customers in Egypt
Cairo, Egypt — Mastercard, in collaboration with the Central Bank of Egypt (CBE) and Egyptian Banks Company (EBC), brings Apple Pay to users in Egypt, providing a safer, more secure and private way to pay in-store, in-app and online. To pay in-store, customers simply double-click the side button and hold their iPhone or Apple Watch […]
Egyptian Fintech MNT-Halan lands in the UAE Market
MENA’s First Fintech Unicorn, Egypt-born MNT-Halan, Brings Its Ecosystem of Financial Solutions to the GCC, Starting with Halan Advance and Targeting 250,000 Customers in 2025. December 11, 2024 Dubai, UAE – MNT-Halan, Egypt’s leading fintech company and first unicorn, has entered the UAE market, marking a key milestone in its rapid expansion across the region. […]
Banque Misr launches Egypt’s first public digital auction in collaboration with ‘Belmazad’ platform
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 […]