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From Recovery to Expansion: Egypt’s Path Toward 30 Million Tourists

In this factsheet, we will highlight the recent performance indicators of Egypt’s tourism sector, identify the country’s regional position as a leading tourism destination, and shed light on the government’s targets for the sector.

Updated 10/29/2025 9:59:00 AM
Standard Chartered launches direct custody services in Egypt

Standard Chartered has launched its direct custody services in Egypt, further expanding its global post-trade offering across the Middle East and North Africa (MENA).

Updated 8/14/2025 8:53:00 AM
Forbes Middle East, Beltone Holding to launch Top Advisors & Investors summit

Forbes Middle East and Beltone Holding announced the inaugural Top Advisors & Investors Summit, which is scheduled to take place in Cairo during the second half (H2) of 2025

Updated 6/4/2025 11:49:00 AM
Egypt assumes co-chairmanship of MENA-OECD Initiative

Egypt has officially assumed the co-chairmanship of the MENA-OECD Initiative on Governance and Competitiveness for Development, Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, announced.

Updated 5/8/2025 5:45:00 AM
Paymob, Woo partner to support digital solutions for merchants in MENA

Egypt-based fintech Paymob has entered a strategic partnership with Woo, an open-source e-commerce platform, to support merchants in the MENA region with transformative digital tools

Updated 1/30/2025 11:03:00 AM
Mastercard, Buna join forces to offer unique cross-border payments in MENA

Mastercard and the Arab Regional Payment System, Buna, have joined forces to offer businesses and consumers faster, cheaper and more transparent cross-border payments into and out of the MENA region.

Updated 11/6/2024 6:24:00 PM
PROPTEX, Cityscape partner to launch Egypt's 1st propTech challenge

PROPTEX, the first proptech acceleration program in the MENA region focused on sustainability and smart cities, has partnered with Cityscape to host the Egypt PropTech Challenge 2024.

Updated 9/17/2024 4:41:00 PM
Beltone to launch $50M startup investment funds targeting Africa, MENA

Beltone Venture Capital, a subsidiary of Egypt's Beltone Financial Holding, is set to launch two new startup investment funds with a total target of $50 million, CEO Ali Mokhtar told Asharq Business.

Updated 9/12/2024 4:04:00 AM
World Bank expects remittance flows to MENA to rise by 4.3% in 2024

The World Bank expects remittance flows to the Middle East and North Africa (MENA) region to see a moderate increase of 4.3% in 2024 to $58 billion.

Updated 7/2/2024 8:39:00 AM
MSMEDA collaborates with OECD to boost small enterprises in MENA region

The Egyptian Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has joined forces with the Organization for Economic Co-operation and Development (OECD) to further support the small enterprises in the Middle East and North Africa (MENA) region, as per a statement.

Updated 5/28/2024 2:04:00 AM
Amazon Payment Services unveils key trends shaping MENA payments industry

Amazon Payment Services has released a comprehensive report on the evolving landscape of the payments industry in the region, titled "Leading Trends in Digital Payments: Driving the Real-Time Economy in MENA".

Updated 5/13/2024 3:50:00 AM