Fintech and financial inclusion as a means to grow Egypt's financial sector | Investasi Emas Online Fintech and financial inclusion as a means to grow Egypt's financial sector | Investasi Emas Online

Fintech and financial inclusion as a means to grow Egypt's financial sector

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Investasi Emas

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As the majority of the Egyptian population doesn't have access to basic, adequate financial services, it is through fintech and a shift towards digitisation that Egypt can increase financial inclusion and grow the overall financial sector.

 
Huawei has become the latest target in the China-US trade war, which saw the telecoms giant banned from buying US goods and services. How will that affect the Middle East, where Huawei has the largest share of the region's smartphone market and has been instrumental in building the telecoms infrastructure here?
MoneyFellows is a digital version of "gam'eya", the informal lending circles commonly practised in Egypt, where a small community of people contribute a fixed amount of money, taking it in turns to receive the whole sum every month. Founder Ahmed Wadi tells us about his journey, and how the idea originated.
In case you missed it - here's our round-up from News Watch:

KAUST's Red Sea Farms closes $1.9m investment
Saudi Cabinet approves the residency permit for skilled expatriates, investors.
Majid Al Futtaim acquires Wadi.com
Saudi's Resal raises $800,000
Egypt's XPay raises $250,000 in pre-seed
The Luxury Closet closes $11 million growth funding round
Jordanian edtech startup Little Thinking Minds raises $500,000 to close its Series A with ~$1.8 million
Jordan Introduces its first Agritech Accelerator HASSAD
Cairo-based Yumamia raises $1.5 million Pre-Series A


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