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Paymob joins hands with Shahid to expand VOD digital payments in Egypt

Arabiya Capital Staff -
The partnership enables Shahid customers in Egypt to pay for their subscriptions via electronic wallets processed via Paymob’s infrastructure
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Egypt’s NBE, Mastercard bolster partnership to advance digital payments

Arabiya Capital Staff -
The renewed partnership cements the long-standing cooperation between the two entities in their endeavour to drive innovation and financial inclusion in Egypt
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EFG Hermes advises MNHD on EGP 805.5 million securitized bond issuance

Arabiya Capital Staff -
EFG Hermes said the transaction is the latest in a series of debt issuances closed by its investment banking division for MNHD
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NBK-Egypt’s full-year profit surges to EGP 1.82 billion on higher revenues

Arabiya Capital Staff -
NBK-Egypt’s assets stood at EGP 105.1 billion by the end of the fiscal year 2022, a 36% increase compared to EGP 77.5 billion in 2021
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Egypt’s Taly unveils full-fledged digital payments ecosystem

Arabiya Capital Staff -
The payments firm said its pioneering solutions facilitate payments between banks, corporates and consumers through a seamless ecosystem.
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Saudi Arabia reportedly suspends talks to acquire Egypt’s United Bank

Arabiya Capital Staff -
Saudi Arabia has reportedly shelved a plan by its sovereign wealth fund to acquire the United Bank of Egypt as talks with Egyptian authorities...
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Is Italy’s Intesa Sanpaolo considering taking full ownership of AlexBank?

Arabiya Capital Staff -
Italy’s Intesa Sanpaolo Group is reportedly in advanced talks with cash-strapped Egypt to acquire the remaining 20% of the Bank of Alexandria (AlexBank) it...
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Tunisia’s banking sector faces uncertain prospects, says S&P Global

Arabiya Capital Staff -
Tunisia’s banks are navigating major uncertainty and significant macroeconomic pressure as the North African country seeks to secure an International Monetary Fund (IMF) to...
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African Development Bank secures $350 million loan from Japan

Arabiya Capital Staff -
The African Development Bank (AfDB) said on Wednesday that has secured a $350 million (JPY 44.1 million) loan from Japan to help finance the...
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UAE’s ADGM partners with Zand Bank to support SMEs

Arabiya Capital Staff -
The Abu Dhabi Global Market (ADGM) said Monday that it has partnered with UAE’s Shariah-compliant digital bank Zand Bank to support SMEs in the...
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