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JumiaPay partners with Contact Creditech to expand access to financial services in Egypt   Jumia, the leading e-commerce platform in Africa, and Contact Creditech, the consumer financing arm of Contact Financial Holding, announced today a collaboration to launch a new group of financial services for consumers in Egypt. This partnership …

Tabby raises $58M Series C from Sequoia Capital India, STV, and PayPal Ventures The round also includes participation from Mubadala Investment Capital, Arbor Ventures, and Endeavor Catalyst  Tabby, one of MENA’s leading shopping and financial services apps, has raised $58 million from Sequoia Capital India, STV, PayPal Ventures, Mubadala Investment …

HRH the Crown Prince launches Events Investment Fund to support infrastructure developments in the culture, tourism, entertainment and sports sectors EIF will be capitalized with SAR14 (over $3.7) billion to directly develop more than 35 world class venues across the Kingdom. The fund will further raise capital by providing lucrative …

Team Audi Sport with good individual results and a few setbacks at Dakar Rally   14 stage podiums and seven top-three placings in the overall standings Electric drive concept of low-emission race car highly efficient Board member Oliver Hoffmann: “We’ll be back in 2024”    Team Audi Sport shaped the …

The Sovereign Fund of Egypt and Etisalat Egypt Together Launch ‘Erada’ Microfinance Enabled by fin-tech, Erada is granted license allowing access to a diversified set of innovative financial products for Micro and Small Enterprises to expand their businesses The Sovereign Fund of Egypt (TSFE) and Etisalat Egypt by e& have …

Vodafone’s First Digital Sustainability Report in Egypt Raises The Bar On ESG Transparency Vodafone Egypt issued its fourth sustainability report, and the first digital one on its website, which included information regarding the company’s performance and its impact on the Environmental, Economic, Social, and Governance (ESG) framework, as well as …

Bracing for uncertainty: 10 financial services predictions for 2023 Experts from analytics and AI leader SAS forecast the trends that will most impact financial services organizations in the year ahead As recession anxieties and geopolitical tensions cloud the global economic horizon, the financial services sector is preparing for a rocky …

Cybercriminal group targets legal, financial and travel entities with new malware, Kaspersky intelligence found Kaspersky experts have identified new functionalities within the Janicab malware, which is being used by a mercenary APT group DeathStalker to infiltrate specific organisations within a number of industries. The new variant has been spotted across …

“El Batal Developments” Company announces its first contract in 2023 “El Batal Developments” contracts with Egybel to implement the “Rock Gold” facade, the first specialized mall for selling gold in Egypt In its first executive and expansion steps in 2023, “El Batal Developments” contracted with “Egybel – the Egyptian Belgian …

Sony Exhibits at CES® 2023 Introducing technologies and initiatives that move people’s hearts and expand the possibilities of entertainment  Sony will exhibit at CES® 2023, taking place in Las Vegas, Nevada and online from Thursday, Jan. 5 (PST). Kenichiro Yoshida, Chairman, President and CEO of Sony Group Corporation took the …