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Rameda, Misr Insurance and jeans maker T&C all make IPO news
IPO WATCH- There’s plenty of chatter in the market this morning about IPOs, some on the near horizon, others further…
Egyptian e-payments platform Fawry reports 1H2019 earnings
EARNINGS WATCH- Fawry reports 7% y-o-y fall in 1H2019 profits: E-payments platform Fawry reported a 7% y-o-y decline in net…
Egypt’s Fawry to move into micro insurance brokerage early 2020
Fawry is planning to venture into micro insurance brokerage by early 2020, CEO Mohamed Okasha told the press, without providing…
Egyptian e-payments platform Fawry plans Gulf expansion
Fawry has big post-IPO plans in the Gulf: Egyptian e-payments platform Fawry plans to expand into the UAE by the…
Egypt’s first IPO this year sees shares up 31% on the first day of trading
IPO WATCH- Fawry IPO ― the first this year ― sees shares up 31% on the first day of trading:…
What we’re tracking on 8 August 2019
We’re officially on holiday in a few hours’ time: Civil servants will be on break to observe Eid Al Adha…
Fawry IPO’s retail offering 30x oversubscribed
IPO WATCH- Fawry’s retail offering oversubscribed 30x: E-payments platform Fawry successfully completed the book-building process for its initial public offering,…
Fintech startup MoneyFellows raises over USD 1 mn in pre-series A funding
STARTUP WATCH- Fintech startup MoneyFellows has raised over USD 1 mn in pre-series A funding from 500 Startups and Dubai…
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