Tag: transactions

Companies express concern over decision to prohibit international credit card transactions

CIB prohibited international credit card transactions as trial before decision is officially…

Mohamed Alaa El-Din Mohamed Alaa El-Din

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…

Daily News Egypt Daily News Egypt

High levels of liquidity support raising stock market

Transactions of Egyptians and Arabs tended towards buying, while foreigners’ transactions tended…

Daily News Egypt Daily News Egypt

Fawry changing the culture of payment in Egypt: Top management

Daily transaction rate has gone up from 1,000 per day by the…

Menna Samir Menna Samir

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…

Daily News Egypt Daily News Egypt

Electronic payments benefit people excluded from formal financial services: MasterCard Country Manager

In an exclusive interview with the Daily News Egypt, Magdy Hassan, Country…

Daily News Egypt Daily News Egypt

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…

Daily News Egypt Daily News Egypt

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…

Daily News Egypt Daily News Egypt

Online transactions popular among youth: PayFort

75% of online purchasers are in their 30s or younger

Sara Aggour Sara Aggour

CAO seizes Medical Syndicate’s accounting documents

Egyptian Medical Syndicate gave out EGP 25m in off-the-record loans and accepted…

Sara Aggour Sara Aggour