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Contact expands BNPL service through Fawry’s payment network

Contact Financial Holding has signed an agreement with Fawry to expand their partnership by integrating Contact’s buy now, pay later (BNPL) service across Fawry’s payment network, which includes over 370,000 points of sale and its online platform.

Updated 3/18/2025 11:56:00 AM
Act Financial records 28.1% lower consolidated profits in 2024

Act Financial logged an annual drop of 28.13% in consolidated net profits after tax and non-controlling interest to EGP 355.338 million in 2024

Updated 2/27/2025 12:40:00 PM
Contact Financial records 5% YoY lower consolidated profits in 2024

Contact Financial Holding generated consolidated net profits attributable to the owners valued at EGP 657.668 million in 2024

Updated 2/26/2025 10:28:00 AM
Contact Financial inks 3 cooperation protocols to boost CSR commitment

Contact Financial Holding has signed three new cooperation protocols in line with its corporate social responsibility (CSR) commitment

Updated 2/18/2025 1:08:00 AM
Top 10 News Stories in February's 1st Week

The first week of February ended with a variety of key economic stories, led by the announcement of the World Bank regarding the second phase of Egypt’s budget support program and the CBE's approval to mortgage interest rates for income brackets.

Updated 2/6/2025 10:16:00 AM
Contact Creditech launches Maestro program for 1st time in Egypt, Middle East

Contact Creditech, a subsidiary of Contact Financial Holding, has launched its "Maestro" program for the first time in Egypt and the Middle East region

Updated 2/4/2025 11:50:00 AM
CI Capital concludes bond issuances worth over EGP 4.8B

CI Capital (CICH.CA) has concluded four bond issuances totaling over EGP 4.8 billion for several companies in diverse sectors.

Updated 1/6/2025 10:47:00 AM
Top 10 Viral News Stories in 2024’s Last Week

Egypt ended 2024 with key decisions, led by the CBE’s renewal of free InstaPay transfers

Updated 1/2/2025 12:32:00 PM
Contact closes EGP 1.21B securitization issuance for consumer finance subsidiaries

Contact Financial Holding has closed its 45th issue of securitization bonds with a total value of EGP 1.214 billion

Updated 12/29/2024 11:00:00 AM
Contact Pay, eKhales expand partnership to offer PoS payment solutions

Contact Pay, a subsidiary of Contact Financial Holding, has expanded its partnership with eKhales, a digital payment platform under eFinance.

Updated 12/4/2024 11:52:00 AM
Egypt launches Aswan Camp Series to foster innovation, entrepreneurship in Upper Egypt

Egyptian Minister of Communications and Information Technology Amr Talaat inaugurated the Aswan Camp Series program at the Digital Egypt Creativity Center, Creativa, in Aswan Governorate.

Updated 11/20/2024 8:39:00 AM
Contact Financial’s consolidated profits hits EGP 410.35M in 9 months

Contact Financial Holding (CNFN) posted a 6.32% year-on-year (YoY) drop in consolidated net profits attributable to the shareholders of the parent company for the first nine months of 2024.

Updated 11/17/2024 10:16:00 AM
Act Financial’s consolidated profits rise 107.23% YoY in 9 months

Act Financial reported a 107.23% year-on-year (YoY) climb in consolidated net profits after tax and non-controlling interest to EGP 563.028 million in the first nine months of 2024 from EGP 271.692 million.

Updated 11/13/2024 9:53:00 AM
Contact Creditech: Accelerating Your Financial Journey with Unique Solutions

An Interview with Omar Elfiky, Managing Director of Contact Creditech

Updated 11/7/2024 2:53:00 AM
Contact CrediTech, Converted Pay partner to simplify digital ad financing for entrepreneurs

Contact CrediTech, a digital finance solutions provider and a subsidiary of Contact Financial Holding, has signed a cooperation agreement with the advertising and marketing automation firm Converted Pay.

Updated 9/23/2024 11:50:00 AM
Weekly Recap of Top 10 Trending Headlines

The second week of September has been jammed with compelling news headlines, from Egypt probing strengthening ties with Germany to Türkiye showing interest in offshore gas fields in Egypt.

Updated 9/12/2024 11:50:00 AM
Contact Financial breaks ground in UAE with Dubai branch, new subsidiary

Contact Financial Holding has opened its first branch in Dubai and established its new UAE-based subsidiary, Contact Credit.

Updated 9/10/2024 11:48:00 AM
Contact Pay, Basata team up to boost e-payment infrastructure in Egypt

Contact Pay, a subsidiary of Contact Financial Holding, has signed a partnership agreement with a subsidiary of Basata Holding for Financial Payments to bolster the e-payment infrastructure in Egypt.

Updated 9/8/2024 1:59:00 AM
Top 10 Trending Headlines to Go Through This Weekend

The fourth week of August has been packed with newsworthy events, topped by the Ministry of Petroleum's recent launch of the international natural gas exploration bid round in 12 blocks across the Mediterranean and the Nile Delta region. So, take a look at the most interesting news stories that have been covered from August 25th to August 29th.

Updated 8/29/2024 11:49:00 AM
Contact Insurance Brokerage launches new app to facilitate insurance policy management

Contact Insurance Brokerage, a subsidiary of Contact Financial Holding, has launched a new mobile app to enhance customer experience via a comprehensive suite of digital services.

Updated 8/25/2024 12:12:00 PM