New FinTech Law in Non-Banking Financial Activities in Egypt

March 10, 2022
On 8 February 2022, Law No. 5 of 2022 Regulating the Development and Use of Financial Technology in the Non-Banking Financial Activities (the “FinTech Law” or the “Law”) was issued. The Law came into effect the next...

Legal Framework of Digital Banking in Egypt

November 14, 2021
What is a Digital Bank? A digital bank is a bank with technology-enabled business model which provide its services remotely with limited or no branch infrastructure. Alternative terms used by market participants are...