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E-payment leader in Egypt to launch new digital bank by end of 2023
Fawry, Egypt’s leading E-payment solutions provider, will turn its online payment portal “myFawry” into a digital bank in 2023, the country’s stock exchange market indicated Sunday August 13, in a statement. The future bank will provide a variety of financial services, including payments, consumer lending, savings, and investments, the online payment firm indicated. Downloads of […]
EU’s Egyptian headache: Brussels readies €7.4bn aid package to help economy, curb migration
Egypt is reportedly set to receive up to 7.4 billion euros in funding from the European Union under a major ‘cash for migrant control’ pact which could be formally announced during the upcoming visit of the European Commission chief to Cairo this Sunday (17 March). The EU support package is intended to relieve pressure on […]
COVID-19: Morocco buys 2 million rapid test kits
Morocco has bought 2 million rapid test kits for 212 million dirhams (21.2 million dollars), the health ministry said. The test meets the technical criteria and matches Moroccan laboratories equipments which will cut additional costs, the ministry said. This comes as Morocco raised significantly its testing capacity to 10,000 daily with over 200,000 tests carried […]



