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Digital Egypt

Egypt loves e-payment methods, 53% will avoid businesses without them: MasterCard

The shift in buying habits is not fresh news as governments encouraged lockdowns and avoiding traditional in-store shopping due to the pandemic

Egypt climbs 5 ranks in Economist’s internet index to be 73rd

MCIT Minister Amr Talaat highlighted that the new ranking reflects the government’s efforts to be more digitized

CBE expands mobile wallet transfer limits by 400% for individuals

For companies and micro-establishments (category A), the limit for daily withdrawals and transfers are now LE 40,000 with monthly limits of LE 200,000

CBE’s newest mobile wallet regulations open up mobile wallet-bank transfers

The Central Bank of Egypt (CBE) approves new regulations for mobile wallet services, including digital lending and saving services

New 52K e-signatures to be issued to gov’t employees before NAC move: FinMin

The minster explained during its inauguration that the Governmental E-certification Authority provides a package of insurance services for automated government systems