FTSE Russell has taken Egypt off its downgrade watch list. The country keeps its Secondary Emerging market status after key companies met index rules.
Mobily plans a 140 Tbps Red Sea subsea cable between Saudi Arabia and Egypt. Bluebird Fiber and MOSAIC-5G also announce major network upgrades and private 5G projects.
NEOPAY, based in Dubai, is set to take a 65% stake in Noon payments. The deal aims to link online and in-store payments for merchants in Egypt, Saudi Arabia, and the UAE.
eFinance Investment Group has signed a memorandum with Alibaba Cloud and Nuvexa to explore bringing advanced cloud services to Egypt, aiming for private sector growth and data control.
IE University and EFG Holding have formed a partnership to open new doors for talent and innovation in Egypt and the MENA region.
Egypt's Thndr platform has crossed $19.6 billion in total trading, ramping up its presence on multiple exchanges and picking up new regulatory licenses.
Valu, Egypt’s fast-growing fintech, is moving into new markets and bringing Amazon on board as a direct investor after its listing on the Egyptian Exchange.
Foodics has handled $12 billion in GMV and now supports over 40,000 restaurant branches across the Middle East, fueled by recent acquisitions in the UK and Greece.
Fintech firms in the Middle East and North Africa pulled in $708 million in the first half of 2026, drawing more investment than any other sector and attracting startups from ten countries.
Financial professionals have until 9 October to lock in discounted rates for the 7th Annual ETFGI Global ETFs Insights Summit. The event brings together industry leaders from Europe and Africa in London and online this November.
Egypt is rolling out new long-term financing tools to back national and private sector projects, aiming to reshape its economy and boost private business.
Egypt is setting up a Unified Licensing Window to cut red tape for investors. The move is part of a three-year plan to boost private sector growth.
Valu and Alshaya Group are teaming up to let shoppers at major international brands in Egypt split their payments, both online and in stores. The move aims to change how Egyptians shop and pay.
Egypt’s net international reserves climbed to $57.35 billion at the end of September 2026. The jump from last year cements the country’s financial buffer.
Commercial International Bank (Egypt) will invest up to EGP 2 billion in MNT-Halan’s planned international offering. The deal marks a bold step in Egypt’s non-bank financial sector.
