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Banking & Finance

Emirates NBD-Egypt, Buna partner to enhance cross-border payments

The partnership that was launched in the UAE is extending to Egypt to advance digitisation

Standard Chartered agrees to sell business in Zimbabwe

FBC Holdings will continue to employ all of Standard Chartered Zimbabwe’s employees

FABMISR unveils ‘Access’ payment gateway to support SMEs

The payment gateway provides businesses with website tools, solutions and payment link services to help merchants create online stores easily

EFG Hermes Holding rebrands to EFG Holding

The change in the brand name of the holding company will not impact the current management structure and reporting lines

Cairo to host 3rd Intra-African Trade Fair in November

The decision to change the venue and dates of the continental event followed the announcement from Côte d’Ivoire that it was no longer in a position to host the trade fair

EFG Hermes’s Q1 2023 profit jumps 157% to $28.6 million

The bank said its net profit after tax and minority reached $28.6 million (EGP 885 million) in Q1 2023

UAE central bank awards acquiring license Checkout.com

The license allows Checkout.com to unlock its full proposition for merchants in the UAE

Mastercard, Foloosi partner to launch Click to Pay in UAE

Click to Pay raises the bar for guest checkout transactions by making it easy, secure, and fast to checkout

Network International debuts ‘direct-to-merchant’ services in Egypt

The networkpay service simplifies payments for merchants, enabling them to accept electronic payments through different channels

Egypt’s SODIC posts EGP 187 million in Q1 profit

The Egyptian developer’s revenues jumped 26% to EGP 1.50 billion in the quarter from EGP 1.20 billion in Q1 2022

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