mylo, the innovative fintech company born out of B.TECH, has completed its second securitization bond issuance at a value of EGP 1.76 billion

The Financial Regulatory Authority (FRA) has launched the first digital payments network in the non-banking financial sector’s history.

The number of credit cards in Egypt increased by 61% over the past four years to reach around 6.7 million cards by the end of June, according to the latest data released by the Central Bank of Egypt.

Bosta has entered into a strategic partnership with Egypt-founded customer experience (CX) platform Tactful AI to enhance customer experience across the Middle East

Subscribers to online and mobile banking services in Egypt hit 18 million, implementing 114 million transactions at a total value of EGP 11.7 trillion at the end of 2024, Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), announced.

Deloitte Innovation Hub has invested $30 million since its launch in Egypt, with an additional $80 million planned over the next three years.

At the core of the Egyptian banking sector evolution lies a surge in mergers and acquisitions (M&A) activity. As the country pursues ambitious economic reforms and digital modernization, banks have emerged as pivotal players—not only in capital mobilization but also in expanding financial inclusion and investor confidence.

Minister of Investment and Foreign Trade Hassan El-Khatib held a meeting with Visa’s global leadership to discuss expanding cooperation in digital transformation, electronic payments, and developing Egypt’s technological infrastructure for financial services, as per a statement.

Egypt is entering a new era of business formation and investment with the introduction of a landmark Companies Law and the digitization of corporate approval processes. Designed to modernize regulatory frameworks, this new legislation aims to position Egypt as a leading hub for entrepreneurship and foreign direct investment (FDI) by eliminating bureaucratic hurdles and streamlining company formation through advanced digital platforms.

Banque du Caire signed a new strategic partnership agreement with Taly to strengthen Egypt’s digital payments ecosystem, according to a press release.

Entlaq has launched its new platform “Arqam”, the first fully integrated Egyptian platform for data analytics and market intelligence

Schneider Electric rolled out two innovative products designed during the ‘Secure Power Innovation Day’ event to support Egypt’s digital infrastructure.

Fawry for Banking Technology and Electronic Payment entered into a strategic partnership with CDS Solutions, Odoo’s certified Golden Partner in Egypt, according to a press release.

MENA-focused Sharia-compliant digital savings and investment platform Bokra has relaunched its mobile application to introduce a wide range of enhanced features for both individuals and enterprises

In this Factsheet, we will screen the latest statistics defining the digital landscape in Egypt, while highlighting the country’s global position.

Egypt is undergoing a profound digital transformation, and nowhere is this more evident than in its surging e-commerce sector. Fueled by a youthful, tech-savvy population and supported by robust digital infrastructure, the country is rapidly becoming a regional leader in online commerce.

NaiTel, a licensed telecommunications service provider in Jordan and the telecom arm of Aqaba Digital Hub (ADH), and Telecom Egypt have laid the express subsea cable "Coral Bridge" connecting Egypt and Jordan

e-Tax, a subsidiary of e-finance for Financial and Digital Investments and a technology, won a new contract to develop and operate a digital platform for managing electronic invoice and receipt cases for Egypt’s Ministry of Finance

Visa, a global leader in payments, highlighted a growth in Egypt’s digital payments landscape, especially among small and medium-sized businesses (SMEs), according to a new report.

Egypt is rapidly advancing its national digital transformation agenda. This strategic effort aims to modernize the country’s economy and improve citizens’ quality of life.