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Fawry’s net income rises 70% in 2022
E-payments giant Fawry’s adjusted net income climbed 70% y-o-y to EGP 316.9 mn in 2022, according to its earnings release…
Companies no longer need a credit rating to issue bonds + sukuk
There are some caveats.
Cross-border payments, bill payments are getting easier for Egyptians in the UAE thanks to Fawry + Botim
FINTECH- Fawry + Botim collab to help Egyptians in UAE to make cross-border payments, pay bills: Local e-payments giant Fawry…
A USD 10 bn Emirati tech fund could be looking at Egyptian firms
INVESTMENT- Local firms could get a piece of a new USD 10 bn Abu Dhabi tech fund: Emirati AI firm…
Fawry is planting roots in Kuwait next year
EGX-listed e-payments giant Fawry is planning to begin operating in Kuwait in 2023, with legal procedures currently underway, Fawry’s Investment,…
So. Many. Earnings.
More robust results as we go down to the wire on earnings season: Yesterday saw another flurry of earnings releases…
Fawry appoints new chief financial officer
Fawry has appointed Hesham Bahaa (LinkedIn) as chief financial officer, effective 1 November, it said in a statement (pdf) yesterday.…
Future flow securitization regs are out + Fawry wants a piece of the BNPL market
Future flow securitization has officially arrived: The Financial Regulatory Authority (FRA) has issued its regulations for future flow securitization, the…
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