Mastercard
National Bank of Egypt raises credit card usage limits for customers inside and outside Egypt
Business
May 17, 2024
National Bank of Egypt raises credit card usage limits for customers inside and outside Egypt
The National Bank of Egypt (NBE) has decided to raise the credit card usage limits for existing customers inside and…
Russians to pay pyramids tickets in ruble soon: MP
Business
December 6, 2022
Russians to pay pyramids tickets in ruble soon: MP
Russian tourists will soon be able to pay for tickets to the Giza pyramids in Russian rubles, announced the head…
MasterCard says 35 percent of Egyptians used smartphones to make contactless payments
Egypt
August 7, 2022
MasterCard says 35 percent of Egyptians used smartphones to make contactless payments
A recent report revealed that Egypt is witnessing an acceleration in the use of a wide range of digital payment…
First digital money transfer app launches in Egypt
Business
May 27, 2021
First digital money transfer app launches in Egypt
MasterCard announced its partnership with “Telda”, an Egyptian digital banking startup, to offer the first e-payment application of its kind…
Over 72% of Egyptians shopped online more since coronavirus outbreak: Report
Business
January 16, 2021
Over 72% of Egyptians shopped online more since coronavirus outbreak: Report
A recent economic report from the MasterCard Economics Institute showed that over 72 percent of Egyptians have shopped online more…
Mastercard says digital payment has changed the way Egyptians spend: Interview
Features/Interviews
April 8, 2020
Mastercard says digital payment has changed the way Egyptians spend: Interview
In an interview with Al-Masry Al-Youm, Mastercard’s General Manager for Egypt and Pakistan Magdy Hassan said that the increase of the…
Egyptians spent over $US 12 million on Valentine’s Day in last three years: study
Egypt
February 14, 2020
Egyptians spent over $US 12 million on Valentine’s Day in last three years: study
Spending on Valentine’s Day in Egypt has increased by 37 percent since 2017, with spending on gifts and related expenses…
Egypt plans to make New Administrative Capital its first cashless city
Egypt
February 16, 2019
Egypt plans to make New Administrative Capital its first cashless city
Egypt’s Minister of Communications and Information Technology Amr Talaat met with MasterCard Vice Chairman and President Michael Froman on Friday…
Sisi, top US companies discuss investment in Egypt
Egypt
October 23, 2018
Sisi, top US companies discuss investment in Egypt
Egyptian President Abdel-Fattah al-Sisi met with representatives of major US-based companies on Tuesday, to discuss their investment opportunities in…
Love hurts: Valentine’s day spending increases by 49%, including Egypt
Business
February 14, 2017
Love hurts: Valentine’s day spending increases by 49%, including Egypt
They say love is blind, and this is crystal clear as shoppers' spending sky-rocketed on the most romantic day of…