Latest in Tag: Aman Highlight
Latest in Tag: Aman
The capital gain on the recent 24% stake sale of Aman for Non-Banking Financial Services (ANBFS) to the National Bank of Egypt (NBE) could amount to about EGP 400m, a source has exclusively told Daily News Egypt.
National Bank of Egypt Chairperson Hisham Okasha said that this step is an important step for the bank towards reducing cash transactions
Aman decides against debuting on Egyptian Exchange as it previously planned
NBE to acquire 24% in two months, says Khalil
Aman has also contracted with nine electricity distribution companies to enable a new digital service for paying electricity bills. This comes in addition to cooperating with Petro Trade to allow customers to pay their bills electronically.
The cooperation comes as part of the Central Bank of Egypt (CBE) initiative to stimulate e-payments in Egypt, rather than cash exchanges. This is in line with the Egyptian state’s economic vision to achieve sustainable development and transition to a cashless society.
Moghazy added that the company is looking to increase its investment portfolio, which currently stands at EGP 500m, by EGP 200m. The company is looking to increase the investment portfolio to a total of EGP 700m by the end of 2020.
NBE, Banque Misr, Banque du Caire, ABE started offering certificates in March 2018
We aim to increase our transactions to 1m per month, attract 20,000 POS: Wahby
Company’s expansion plan includes reaching 70 points of sale, adding 400 branches
Payment facilities become very common recently, hence Jumia aims to allow its customer to purchase online unique and diverse products through instalment payment service
Company begins through four main branches in Cairo, Giza, Mansoura, Assiut, targets 55 branches by end-2019, 150 within five years
We have other requests worth EGP 88m, sales mostly of EGP 500, EGP 2,500 certificates, says ElKosayer
NBE offering Aman certificates to temporary workers of companies dealing with it
We plan to rely on the solutions of Internet of Things, big data, and 4G technologies in 2017, says Abdel Rassoul
Petrotrade clients can now pay their bills through Aman outlets anywhere in Egypt, says Wahby
Aman for e-Payments has organised a celebration in Shubra Al Kheima to familiarise citizens with its services. The celebration also aims to encourage the people to take part in its electronic payment system in order to accomplish the vision of the company, which is aiming to create more efficient communities in terms of financial inclusion. …
Company aims at expanding to 100 branches during 2017
Raya Holding for Technology and Communications announced the effective launch of Aman for electronic payments (e-payments) all over Egypt, according to a press release issued on Tuesday by Raya. “Aman” is a subsidiary of Raya Holding for Financial Investments. The new service will gradually spread at a fast pace within five years through the presence …
With every news report, the number of incidents of sexual harassment in Egypt rapidly increases. Despite the continuous efforts of effective initiatives and official actions, the numbers have increased notably over the past decade, putting Egypt at the forefront of discrimination against women. Mosawah organisation for training and counselling recently announced the launch of its …
Aman, a company recently founded by Raya Trade that is specialised in electronic payment solutions, will effectively launch in the Egyptian market in September, according to Basim Moujahid, CEO of Raya Trade, a subsidiary of Raya Holding. Aman aims to provide electronic payment solutions “from a new perspective”, thus enabling all kinds of users to …