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Infrastructure 
Central bank plans digital infrastructure company to support financial inclusion
The Central Bank of Egypt’s financial inclusion strategy seems to be moving forward after the bank yesterday set up a…
Fintech
What we’re tracking on 25 November 2020
Good morning, friends, and welcome to our last issue of the week. The three big themes of today’s news cycle…
Housing and Development Bank plots entry into digital banking
State-owned Housing and Development Bank is planning to apply for a digital banking license from the Central Bank of Egypt…
Fawry and Banque du Caire sign contract for remittance transfer service
EGX-listed e-payments platform Fawry and Banque du Caire have signed a contract to set up an instant remittance transfer service…
Fawry gets green light from regulator on capital increase
E-payment platform Fawry’s is planning a capital increase to raise its issued capital by EGP 500 mn through new shares…
Prime Fintech plans to list on EGX in next two years
IPO WATCH- Prime Fintech plans to list on the EGX in the next two years, Prime Holding’s deputy CEO, Mohamed…
Earnings: Fawry, PHD, Al Ahly for Development and Investment, ADIB, Misr Cement (Qena)
EARNINGS WATCH- Fawry’s net profit surged 99% y-o-y in 9M2020 to EGP 119.1 mn from EGP 59.7 mn last year,…
E-Finance IPO pushed to 1Q2021
IPO WATCH- E-Finance has formally pushed its IPO to 1Q2021: The government has pushed the IPO of fintech player E-Finance…
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