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Egypt s Paymob secures $15m to grow digital payments offer

Demand for digital payments and other financial technology services has increased as more people use online banking services to transfer money and pay for e-commerce transactions amid the coronavirus pandemic. The company said its monthly revenue grew over five times in 2020 and that its infrastructure processed more than 85 per cent of transactions made through mobile wallets in its home market. It is used by more than 35,000 Egyptian and global merchants, such as Swvl, LG, Samsonite, Aeropostale, Befit, Breadfast, Gourmet, and the American University of Cairo. It also serves businesses in Kenya, Pakistan and Palestine. “This latest capital raise will accelerate our progress to reducing the digital payments bottleneck,” Paymob’s chief executive and co-founder, Islam Shawky, said. “All our existing investors have increased their holdings.”

American universityAl qahirahSaudi arabiaIslam shawkyBasil moftahKarim besharaNoor sweidAmerican university of cairoCentral bankGlobal venturesArrow labsஅமெரிக்கன் பல்கலைக்கழகம்சவுதி அரேபியாஇஸ்லாம் ஷாக்கிதுளசி மொப்தாகரீம் பெஷாரா

Arabs talk taboos on Clubhouse app, but for how long?

Arabs talk taboos on Clubhouse app, but for how long? An illustration photo taken on January 25, 2021 shows the application Clubhouse on a smartphone [ODD ANDERSEN/AFP via Getty Images] April 7, 2021 at 2:35 pm Audio chatroom app Clubhouse is on the rise in the Arab world, providing a rare platform for open debate on taboo subjects from so-called honour killings in Egypt to sexual identity in Iraq, but with some authorities restricting the use and others wary. The app launched by a San Francisco-based company last year allows people to discuss varied topics in chatrooms, with its popularity surging after appearances by billionaires Elon Musk and Mark Zuckerberg and its use now rising in the Middle East.

American universityAl qahirahHong kongSaudi arabiaUnited arab emiratesFady ramzyElon muskMohamad najemMarc owen jonesMark zuckerbergAbdel fattah al sisiTerms of serviceTelecommunications regulatory authorityJordan ministry of informationAmerican university of cairoHong kong national security law

Arabs talk sex and taboos on Clubhouse app, but for how long?

Arabs talk sex and taboos on Clubhouse app, but for how long? Reuters 2 hrs ago U.S. audio chatroom app proves popular in Middle East Clubhouse provides rare forum for open debate on taboo subjects Users, analysts wary of wider crackdown by governments By Menna A. Farouk and Timour Azhari CAIRO/BEIRUT, April 7 (Thomson Reuters Foundation) - Audio chatroom app Clubhouse is on the rise in the Arab world, providing a rare platform for open debate on taboo subjects from so-called honour killings in Egypt to sexual identity in Iraq, but with some authorities restricting use and others wary. The app launched by a San Francisco-based company last year allows people to discuss varied topics in chatrooms, with its popularity surging after appearances by billionaires Elon Musk and Mark Zuckerberg and its use now rising in the Middle East.

American universityAl qahirahHong kongSaudi arabiaUnited arab emiratesMohamad najemTimour azhariMark zuckerbergFady ramzyMennaa faroukElon muskMarc owen jonesHelen popperAbdel fattah al sisiThomson reutersTelecommunications regulatory authority

Egypt s royal mummies are on the move, and it s not their first road trip

Egypt s royal mummies are on the move, and it s not their first road trip
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

American universityAl qahirahEgyptian museumFrance generalSuez canalAs suwaysKhaled el ananiSalima ikramZahi hawassCecilb demilleAbdel fattah el sisiGregory mumfordSiptah akhenreQueen elizabethAmerican university of cairoNational museum of egyptian civilization