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Fawry MD resigns to set up USD 25 mn fintech investment fund
MOVES- Fawry MD resigns to set up USD 25 mn fintech investment fund: Mohamed Okasha has resigned from his position…
Fawry
Fawry transfers 64% of its main shareholder stake to indirect shareholders
Fawry transfers majority shareholder stake to indirect shareholders: Egyptian e-payment company Fawry has transferred the ownership of the 63.99% stake…
Bosta completes seven-figure USD series A funding round
STARTUP WATCH- Egyptian courier startup Bosta has raised seven figures in its series A funding round from European delivery giant…
The Egyptian-American Enterprise Fund’s 2019 shareholders’ letter
2019 was a “milestone” year for the Egyptian-American Enterprise Fund (EAEF), Chairman James Harmon wrote this week in his annual…
Four Egyptian companies achieved major growth in the last year -PwC
Four Egyptian companies have achieved “major” growth milestones last year, according to a PwC report (pdf) looking at LSE Group’s…
Fawry to debut in UAE in 1Q2020
Fawry to make its UAE debut this quarter: Egyptian e-payments company Fawry is planning to launch in the UAE during…
Emerald expects to raise EGP 203 mn in January IPO
IPO WATCH- Emerald expects to raise EGP 203 mn from upcoming IPO: Real estate investment firm Emeraldis expecting to raise…
Fawry in talks to set up bank transfer service for Egyptians in GCC
E-payments platform Fawry is in talks with local and regional banks to set up a bank transfer service for Egyptians…
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