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Egypt’s GAFI signs MoU with HSBC to boost foreign investments

HSBC will introduce and connect more international investors to the growing business opportunities in Egypt

Allianz Egypt teams up with Suez Canal Bank to expand Bancassurance services

Allianz Egypt aims to expand its distribution network as well as attract new business opportunities via innovative channels to boost the insurance sector in Egypt

Mastercard, Emirates NBD-Egypt partner to advance digital banking experience

The deal will see Mastercard offering continued support to Emirates NBD-Egypt’s digital transformation journey

aiBANK, Valu unveil co-branded credit card in partnership with Visa

The new card will introduce a unique balance transfer program, allowing customers to transfer their balances from any other credit card

Emirates NBD-Egypt, GV Developments partner to develop Tarboul Industrial City

Emirates NBD-Egypt is strengthening Tarboul Industrial City’s development by providing the project’s feasibility study

Egypt’s Commercial International Bank, IBM to integrate banking services

The integration is part of the bank’s digital transformation journey and mission to modernize its IT infrastructure

ALEXBANK, Visa to launch new payment products in Egypt

The new products will provide their users with unique privileges including concierge service, buyer protection and global customer assistance services

PayTabs Egypt, mnGm partner to initiate card acceptance for online gold purchases

The company supports multiple digital payment options, white labelling platforms and a range of e-commerce, m-commerce, and social commerce solutions.

Emirates NBD-Egypt signs EUR 30 million loan deal with Hayat Egypt

The investment not only enhances Hayat Egypt’s financing base but also creates a local partnership in a challenging financial market.

NBK-Egypt posts EGP 2.6 billion in Q3 2023 net profit

The bank’s net interest income in the three months to September 30 jumped by 89% to reach EGP 4.9 billion.

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