Author: Sharon Lewis

Author

Sharon is a staff writer for Fintechnews Middle East and Africa

Key developments in the Egyptian startup ecosystem have led to a renewed appetite for growth in the space, and for its fintech startups in Egypt as well. Much of this activity is attributed to a slew of policy level shifts. For instance, a new Egyptian Central Bank Law put in place last year addressed the regulation of a number of fintech sectors for the first time. These include cashless payments, digital banks, and cryptocurrency. More recently, the Egyptian cabinet recently approved a draft bill allowing the country’s Financial Regulatory Authority to license non-banking financial companies and fintech startups in Egypt.…

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From a digital currency project, to a fintech innovation challenge, here’s what’s transpired for fintech in Bahrain during the year so far. Bahrain’s focus on the fintech sector is putting the country on the map as a hub for fintech both in the Middle East and worldwide. The island country is in a position to become a key fintech hub worldwide, according to a recent report. The report noted that fintech in Bahrain has seen a steep growth curve in the last two years. This is so particularly in the space of public-private collaboration. Further, it is home to over…

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