Companies express concern over decision to prohibit international credit card transactions
CIB prohibited international credit card transactions as trial before decision is officially…
Qalaa’s ASEC Cement sells stakes in 2 firms to Misr Cement Qena
The transaction, worth approximately EGP 1bn, is expected to take place on…
High levels of liquidity support raising stock market
Transactions of Egyptians and Arabs tended towards buying, while foreigners’ transactions tended…
Fawry changing the culture of payment in Egypt: Top management
Daily transaction rate has gone up from 1,000 per day by the…
Mobile phones are next generation’s tool for electronic payment in Egypt: VISA
Mobile phones are crucial to Visa’s Egypt strategy and their use in…
Electronic payments benefit people excluded from formal financial services: MasterCard Country Manager
In an exclusive interview with the Daily News Egypt, Magdy Hassan, Country…
Abraaj open to offers for shares of Cairo Medical Centre, Cairo Investment and Real Estate Development (CIRA): Managing director
Abraaj Capital Group is monitoring new direct investment opportunities to acquire companies…
Non-cash transactions in Egypt up to 7%; consultations underway with CBE for electronic services: Bankers
The size of non-cash transactions in Egypt has reached approximately 7%, the…
Online transactions popular among youth: PayFort
75% of online purchasers are in their 30s or younger
CAO seizes Medical Syndicate’s accounting documents
Egyptian Medical Syndicate gave out EGP 25m in off-the-record loans and accepted…