E-payments provider Fawry will invest EGP 400 mn to improve the company’s infrastructure and customer service, founder and CEO Ashraf Sabry told Amwal Al Ghad. The self-financed investment will go towards improving the company’s operations to meet rising demand and higher levels of financial inclusion in Egypt.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX30 sheds 4.43% in October to post its first back-to-back monthly loss of 2026
The benchmark fell 4.43% and the small caps twice as…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…