Cairo-based startup Capiter announced Monday (Sept. 13) that it has raised $33 million in a Series A funding round to expand its B2B eCommerce platform...
Arab Bank has launched an Egypt branch of its FinTech, artificial intelligence (AI) and cybersecurity accelerator, the bank announced in a press release posted by...
In Egypt, banks have been told to impose a limit on cash withdrawals and deposits in a move to hopefully stop hoarding and inflation. The...
MoneyGram has partnered with Suez Canal Bank to let customers send money right into Egyptian bank accounts, according to a press release. The deal will...
The Egyptian government is investigating the possibility of a feasible transition to a limited, new cash payment system that would replace the ration cards on...
Careem, an Egyptian domestic rival to U.S.-based Uber, is set to be acquired by their global competition giant. Regulators approved the $3.1 billion deal after...
Egypt is readying an electronic invoicing mandate for consumers to pay their taxes, an initiative that reports said will eventually expand to standardize invoicing in...
Egyptian mobility startup Swvl will be expanding into the Philippines, Indonesia and Bangladesh by the end of 2020. Launched in Egypt in 2017, Swvl operates...
Efforts in the Middle East by banks and other financial institutions to embrace FinTech are on the rise. As reported from Daily News Egypt, a...