EFG Hermes consumer finance subsidiary valU took home a nod from Entrepreneur Middle East’s 2021 fintech awards, the company said in a press release (pdf). The consumer finance platform was recognized for its strong performance, having more than tripled in size during 2020. EFG subsidiary PayTabs Egypt, meanwhile, has been recognized as best e-payment solution in MENA, the firm said in a statement(pdf).
Filmmaker Sameh Alaa has been named on the jury for a short film competition at this year’s Cannes Film Festival. The Egyptian director will join the six-member panel to judge the victor of the short films and the Cinéfondation film school competition.