Bank NXT, a leading provider of integrated retail and corporate banking solutions in Egypt, announced that it has selected IBM Instana®, IBM Turbonomic®, and IBM Cloud Pak® solutions, in collaboration with Inspire for Solutions Development, to accelerate its digital banking transformation. By implementing these technologies, the bank is building a strong foundation for real-time observability, automated resource optimization, and advanced integration. This integrated approach is designed to improve resilience, minimize downtime, optimize IT resources, and deliver faster, more reliable digital banking experiences for its customers. As Egypt’s financial sector rapidly shifts toward more innovative, more agile digital banking models, Bank NXT is modernizing its core technology environment to overcome legacy limitations and build a scalable, adaptive digital foundation. This transformation aims to enhance operational efficiency, accelerate service delivery, and strengthen the bank’s ability to collaborate seamlessly with fintech partners, enabling secure and innovative customer experiences.
Valu, the leading universal financial technology powerhouse in Egypt, announced today that it has received final approval from the Central Bank of Jordan (CBJ) to officially launch its services in Jordan under a Specialized Finance license, offering consumers convenient financing solutions. This approval follows the initial regulatory clearance granted in 2025. It represents a significant milestone in Valu’s regional growth strategy and long-term commitment to advancing financial inclusion in Jordan.
Bank NXT, a leading provider of integrated retail and corporate banking solutions in Egypt, signed a Memorandum of Understanding (MoU) with a consortium comprising of Frankfurt School of Finance & Management, and Chemonics, as part of the German development programme, Green Recovery for the Egyptian Economy Transformation (GREET). The MoU establishes a framework for cooperation under the Third Work Package of the Green Capacity Development Programme, funded by the GIZ Egypt on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).
Tanmeyah, a leading provider of innovative and integrated financial solutions for micro and small business owners and entrepreneurs, has achieved LEED Platinum V4.1 O+M certification for its headquarters, marking a major milestone in the company’s sustainability journey and reinforcing its commitment to environmental stewardship, responsible operations, and long-term value creation.
Bank NXT, a leading provider of integrated retail and corporate banking solutions in Egypt, in collaboration with Bank NXT Foundation for Community Development, has signed a strategic partnership with Elsewedy Technical Academy (STA) to sponsor 52 students across three academic classes over a three-year period. The partnership comes as part of the bank’s ongoing commitment to supporting technical education in electrical engineering technology and programming, and to equipping young people with future-ready skills aligned with labor market needs.
Valu, Egypt’s leading universal financial technology powerhouse, announced today a strategic partnership with Tactful AI, a regional leader in AI-powered customer experience transformation, aimed at delivering faster, smarter, and more personalized customer interactions across Valu’s digital ecosystem.
Valu, the leading financial technology powerhouse in Egypt, announced today the successful closing of its 20th securitized bond issuance, valued at EGP 1.1 billion, with EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA). The transaction marks the first issuance under Valu’s new 8th securitization program, which has a total value of EGP 10 billion.
Valu, the leading financial technology powerhouse in Egypt, announced a strategic collaboration with Infinity, Africa’s largest renewable energy company and the leading electric vehicle charging provider, to offer customers flexible payment solutions for home EV chargers and charging sessions at the "EVs Electrify!" Expo & Conference that’s taking place at the Egypt International Exhibition Center from December 18th to 20th. The partnership aims to make electric vehicle ownership more attainable and to support the growing demand for sustainable mobility solutions in Egypt. Infinity operates Egypt’s largest EV charging network with over 250 charging stations and more than 850 charging points across 18 governorates.
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) region, successfully concluded its role as a joint global coordinator and joint bookrunner on Action Energy Company K.S.C.C.’s (AEC) private placement and listing on Boursa Kuwait’s Premier Market.
Valu, Egypt’s leading universal financial technology powerhouse, announced a series of exclusive offers to celebrate Dubai Phone’s newly awarded status as the first multi-brand store in Egypt to become an official Apple Authorized Reseller. This milestone enhances Dubai Phone's reputation as a trusted source for authentic Apple products and supports Valu's goal of making world-class technology more accessible to customers nationwide.
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