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Egypt

Telephone: +20 3 3924420

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Egypt

Telephone: +20 3 3924420

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Egypt registers 3rd largest volume of real-time payments in Africa in 2023

By 2028, real-time payments are predicted to account for more than one-third of payments in the country.

As part of the ongoing efforts, the agency has taken further steps to encourage project owners to transition from the informal to the formal sector.

Egypt’s Minister of Finance Mohamed Maait said on Tuesday that there will be no increase in income tax rates or brackets.

This start-up aims to provide financing solutions for small and medium-sized enterprises (SMEs) using cutting-edge financial technology.

He pointed out that the subsidy bill next year will increase to LE 636 billion, an increase of 20 percent over the current year.

Finance Events

Seamless North Africa 02.07.2024

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