All News and Announcements
World Bank Continues to Support Morocco's Financial and Digital Inclusion Reforms
The World Bank approved financing of $450 million for advancing financial and digital inclusion to continue supporting the government in implementing reforms to improve financial inclusion, digital entrepreneurship and more in Morocco.
Financial Inclusion in Egypt Reaches 65 Percent in 2022
The Central Bank of Egypt reports an increase in financial inclusion as total ownership of transactional accounts reach 64.8 percent of the total 65.4 million eligible adult population at the end of 2022.
SVC Launches New Investment in Fintech VC Funds Product at the Financial Sector Conference 2023
Saudi Venture Capital Company, in partnership with the Capital Market Authority and the Financial Sector Development Program has launched a new product designed to support the growth of the fintech industry in Saudi Arabia.
Egyptian Fintech Startup Copal Partners Mastercard to Launch Family Payments Mobile App
Egyptian fintech startup Copal has partnered Mastercard to launch a family payments mobile app that brings all family members onto a unified payment platform that is fully managed by parents.
Fintech Purpl to Democratize Remittances, Support Financial Inclusion Efforts in Lebanon
In the first phase, Purpl will only operate their cash out solution, as a technology provider, via the partnerships signed with international digital remittance companies and licensed local cash out partners on the ground in Lebanon.
World Bank Approves $120M Tunisia Loan
According to the World Bank, the loan aims to finance Tunisian institutions for lending to eligible small and medium-sized enterprises.
National Bonds Signs Agreement With Arab Women Authority
The partnership will see the two organizations join forces to empower women and support their role in societal and economic development, and to enhance their skills, particularly in the areas of investment, savings, and financial literacy.
Egypt Fintech Firm MNT-Halan Securing $400 Million in New Finance
According to the company MNT-Halan provides small- and micro-business lending, payments, consumer finance and e-commerce.
GAIF and Fintech Robos Partner to Boost Financial Literacy in the Arab World
Under the partnership, the two sides will collaborate in promoting platforms boosting financial literacy, financial inclusion, pension saving systems, and actuarial business in financial and economic sectors across the Arab countries.
Financial Inclusion Campaign Focuses on Omani Women’s Role in Building Civilized Societies
The Association is focusing on an important segment in society this year, based on the recommendation of the Central Bank of Oman.