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FinTech news

Egypt’s digital banking race enters a new phase

Egypt’s young population, improving regulation and fintech adoption have created one of the region’s most attractive digital banking markets.

Cashless transactions are up 45% y-o-y, according to the CBE, but cash still runs 60-70% of transactions here.

Al Ahly Pharos acted as the sole financial adviser, lead arranger, and bookrunner for the issuance.

Since 2008, Fawry has become the largest e-payment provider in Egypt in the non-banking financial services sector.

Treemed TPA gives Fawry control of the administrative layer while keeping pricing risk with ins. companies.

Finance Events

Solar & Storage LIVE Egypt 11.08.2026

MENA Lighting Expo 22.08.2026

Pharmaconex 01.09.2026

Cairo Fashion & Tex 03.09.2026

Egypt Projects 05.09.2026

Paper Middle East 15.09.2026

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