Business Egypt Features Finance Headlines

Egypt-based online payment service Fawry denies connection with Silicon Valley Bank

Egypt’s leading e-payments solutions provider Fawry denied Monday any affiliation with Silicon Valley Bank (SVB), nor any of its subsidiaries, weeks after US authorities ordered the closure of SVB with the Federal Deposit Insurance Corporation (FDIC). The company in a press release also confirmed that it does not currently have any relationships with any bank […]

Algeria Headlines

Algerian Dubai-based think tank seeks to attract investments to Algeria

A group of Algerian businessmen settled in the United Arab Emirates (UAE) has formed a think tank in Dubai in an attempt to promote Algeria as a business destination and propose a roadmap to lift the country out of the current economic turmoil. Members of the think tank are seeking to seduce UAE investors as […]