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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 […]
Two British politicians reaffirm Algeria’s involvement in Sahara conflict
Two leading British politicians have reconfirmed the direct involvement of the Algerian regime in the continuing regional conflict over the Moroccan Sahara through its strong and steadfast backing to the polisario separatist movement. Algeria created the polisario and continues to support it politically, financially and militarily, said members of the UK ruling conservative party, Mark […]
Algeria’s Foreign Exchange Reserves Shrink to $88.61
Algeria’s foreign exchange reserves dwindled by $8.72 billion to $88.61 billion in June 2018, the Algerian news agency APS said. The rise in oil prices has not helped Algeria reduce the pace of its dwindling reserves, which dropped from $114.1 billion in 2016 and from $178 billion in 2014. Analysts say that even with oil […]



