MNT-Halan, Egypt’s leading fintech ecosystem, announced today a circa US$120 million investment by major global and regional growth investors: Apis Growth Fund II, Development Partners International (DPI), and Lorax Capital …
Electric cars record sales growth of 10.9%, with a total of 1.78 million cars during first nine months of 2020, compared to 1.61 million units during 2019 The Egyptian government …
The first Arab Forum activities on “Sovereign Sukuk and its Role in the Development of Arab Societies,” has launched today in Egypt’s Cairo by the Arab Organization for Administrative Development …
Egypt is taking measures to strengthen power linkage lines with neighbouring countries such as Jordan, Sudan and Libya to ensure uninterrupted electricity supply to the country, Asharq Al-Awsat quoted Egyptian …
State-owned El Nasr Automotive Manufacturing Company, an affiliate of the Holding Company for Metallurgical Industries, has begun testing a number of electric vehicles on Egyptian streets, in cooperation with Uber. …
The number of mobile wallets in Egypt increased to 16.3 million during the first half (H1) of 2021, compared to 14.1 million wallets in H1 of 2020, according to the …
The Arab Banking Corporation (Bank ABC) has completed its acquisition of 99.5% of BLOM Bank Egypt, to expand its presence in the Middle East and North Africa. Earlier, Egypt’s Financial …
In the bid to accomplish its mission of empowering Egyptian women, the leading digital transformation and e-payment network Fawry has just announced the expansion of the ‘Heya Fawry’ initiative to …
Swvl Inc. Egypt’s Uber for buses has announced plans to go public after its merger with SPAC Queen’s Gambit Growth Capital. Upon completion of the proposed transaction, the combined public …
Cairo-based Credit Card management platform and fintech startup CreditFins has successfully acquired an undisclosed amount in a Pre-Seed funding round led by Flat6Labs, AUC Angels, TA Telecom Holding, and other …