Tags Result

Basata, Edge Holding partner to promote Egypt’s financial inclusion

Basata Financial Holding, a leading investor in Egypt’s non-banking financing service sector, entered into a strategic partnership with Edge Holding for Investments to boost financial inclusion in Egypt

Updated 10/30/2025 9:45:00 AM
EBank rolls out financial solutions to expand retail banking sector

The Export Development Bank of Egypt (EBank) has launched integrated packages of financing solutions and banking offers for individuals, according to an emailed press release.

Updated 10/19/2025 3:03:00 AM
Egypt's IPN transactions jump to EGP 1.2T in Q1 2025: CBE

The Central Bank of Egypt (CBE) reported a surge in financial transactions carried out through the instant payment network (IPN) during the first quarter (Q1) of 2025, reaching 263 million, with a total value exceeding EGP 1.2 trillion, according to the CBE's Financial Stability report.

Updated 10/14/2025 1:26:00 AM
Raya Integration secures EGP 1.13B loan from IDB

Raya Integration, a fully owned portfolio company of Raya Holding for Financial Investments, has signed an agreement to get a credit facility worth EGP 1.13 billion from the Industrial Development Bank (IDB).

Updated 9/7/2025 11:33:00 AM
Damen partners with e& Money to expand digital payment services in Egypt

Damen epayment has entered a strategic partnership with e& Money to enhance and expand payment services across Egypt, aiming to provide users with greater convenience and wider access to digital financial solutions.

Updated 8/25/2025 11:24:00 AM
Fawry teams up with FORSA to expand BNPL services

Fawry for Banking Technology and Electronic Payment has partnered with FORSA, a subsidiary of Drive Finance, to provide Buy Now, Pay Later (BNPL) services via its point-of-sale (POS) machines

Updated 8/10/2025 1:40:00 AM
FRA issues 1st rules for digital platforms investing in REIFs

The Financial Regulatory Authority (FRA) has issued Decision No. 125 of 2025 to introduce rules, set for the first time, for establishing digital platforms planning to invest in real estate investment fund (REIF) certificates.

Updated 8/7/2025 7:59:00 AM
FABMISR backs women’s financial empowerment via Al Oula launch

First Abu Dhabi Bank Misr (FABMISR) has launched Al Oula, a banking segment created to support women’s financial empowerment, according to an emailed press release.

Updated 8/3/2025 10:41:00 AM
FRA, Jefferies outline plans to reinforce Egypt’s non-banking financial sector

Mohamed Farid, Chairman of the Financial Regulatory Authority (FRA), met with representatives of Jefferies to explore investment opportunities in the non-banking financial segments, particularly the insurance sector

Updated 7/20/2025 2:52:00 AM
FRA raises consumer cash advance limit to EGP 50,000

The Financial Regulatory Authority (FRA) has raised the maximum limit for cash advances granted for consumer purposes to EGP 50,000, instead of EGP 10,000.

Updated 7/1/2025 9:50:00 AM
Madinet Masr’s SAFE app generates EGP 300M in less than 6 months

Madinet Masr’s investment platform Secure Assets for Fixed Earnings (SAFE) managed transactions at a combined value of nearly EGP 300 million in less than six months

Updated 6/25/2025 10:59:00 AM
FRA explores ways to promote Egypt’s financial inclusion

Mohamed Farid, Chairman of the Financial Regulatory Authority (FRA), discussed joint cooperation with the Ministry of Local Development and the Social Housing and Mortgage Finance Fund (SHMFF) to enhance financial inclusion and achieve sustainable economic development.

Updated 5/7/2025 11:02:00 AM
Money Fellows secure $13M funding to boost financial inclusion in Africa

Cairo-based fintech digital platform Money Fellows has raised $13 million in this new financing round

Updated 5/5/2025 10:32:00 AM
Egypt-based banks ease account opening restrictions for 2 weeks

Egyptian banks have started lifting restrictions on opening new accounts, especially financial inclusion accounts, starting Sunday, March 9th.

Updated 3/9/2025 10:29:00 AM
Financial inclusion in Egypt reaches 74.8% in 2024

Financial inclusion in Egypt grew further in 2024, with 74.8% of eligible citizens aged 15 and above owning and actively using transaction accounts.

Updated 2/25/2025 1:08:00 AM
Fawry launches e-wallet deposit, withdrawal service via partnership with Banque Misr, EBC

Fawry partnered with Banque Misr and Egyptian Banks Company for Technology Advancement (EBC) to launch a new cash in and out interoperable for e-wallets via Meeza Digital Scheme

Updated 2/18/2025 12:23:00 PM
CBE raises transaction limits for financial inclusion products

The Central Bank of Egypt (CBE) has approved an increase in transaction limits for financial inclusion products.

Updated 12/30/2024 2:51:00 AM
CBE reports 181% surge in Egypt’s financial inclusion rates

Financial inclusion rates in Egypt increased by 181% during the period from December 2016 to June 2024, according to a statement by the Central Bank of Egypt (CBE).

Updated 12/15/2024 1:59:00 AM
Reefy, Damen partner to expand digital financial services in Egypt

Microfinance Services Company Reefy has signed a strategic cooperation agreement with Damen epayment to integrate microfinance services with digital payment solutions, offering comprehensive options to customers and enhancing their experience through improved accessibility.

Updated 10/22/2024 1:06:00 PM