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Egypt

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Brokers

CFI Financial Enters Egypt by Acquiring Local Broker 'El Mahrousa'

  • The financial terms of the acquisition deal are not known.
  • CFI has a strong presence in the Middle East.
by Arnab Shome
Institutional FX

ALEXBANK Adopts Refinitiv Electronic Trading to Boost FX Business

  • The financial services provider aims to expand its presence in Egypt.
  • The adoption will help ALEXBANK’s growth in local and international markets.
by Bilal Jafar
News

OPay Receives Approval from CBE to Issue Prepaid Cards

  • The company is planning to issue 200,000 prepaid cards in the first phase.
  • OPay has partnered with Masria Digital Payments (MDP).
by Bilal Jafar
Analysis

Nigeria, Thailand and Egypt Among Top Sources for International FX Traffic

  • Finance Magnates Intelligence Department presents the top sources for brokers' English sites including a few surprising markets.
by Avi Mizrahi
Analysis

Egypt Scraps Currency Peg After Decades of Fixed Exchange Rates

  • Brokers in the region may expect fewer deposits in dollar terms in the near future due to the government's move.
by Finance Magnates Staff
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