Recent events
Recent events tied to this brand in public sources.
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2026
Scatec and National Bank of Egypt agree on Dandara project partnership
Scatec signed a partnership agreement with National Bank of Egypt, which will join the Dandara project with a 20% ownership stake.
2021
National Bank of Egypt completes acquisition of Momken
The National Bank of Egypt acquired 75% of Momken’s shares; Momken’s CEO said the transfer of share ownership to the bank took place during the middle of Ramadan, with the deal valued at about EGP 97 million.
2021
Momken is renamed Al-Ahly Momken
Following the acquisition, Momken changed its trademark to Al-Ahly Momken.
2021
National Bank of Egypt announces fintech platform plan
The National Bank of Egypt announced plans to launch a fintech platform integrating up-and-coming companies over the next three years. The platform had not yet been reported as launched.
2020
Ripple partners with National Bank of Egypt on remittance payments
Ripple partnered with Egypt’s National Bank to implement remittance payments through RippleNet; the article says the agreement was recently signed.