51 of 2026 and aims to ensure that no more than one factoring transaction is conducted for the same receivable (invoice). The Authority launched the digital factoring system at the beginning of February via its official online portal, in partnership with e-finance. In its first phase, the system enables factoring companies to conduct electronic enquiries on invoices and verify whether they have previously been financed. A typical factoring transaction involves three parties: the seller, the debtor (the seller’s customer), and the factor (the financing company). The second phase of the unified electronic system will involve the full digital transformation of the factoring process, from invoice verification to the settlement of receivables, helping to streamline procedures, reduce processing times, and lower operational costs.

Source: Daily News Egypt February 22, 2026 16:59 UTC