Misr Digital Innovation (MDI), a subsidiary of banking giant Banque Misr, has secured preliminary approval from the Central Bank of Egypt (CBE) to launch Egypt’s first digital bank: onebank. This step aims to further promote financial inclusion in Egypt, as onebank will operate entirely online, offering convenient and secure banking solutions to a wider segment of the population. Unlike traditional banks that require branch visits, this completely online bank allows you to set up an account and conduct all your banking tasks online in just a few minutes. This means you can ditch the trip to the bank and manage your money from anywhere and anytime. MDI, established in 2020 specifically to
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