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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…
What we’re tracking on 3 December 2019
Industry incentives announcement coming tomorrow, Amer says: Prime Minister Moustafa Madbouly will unveil tomorrow a package of measures designed to…
Egyptian tech investment fund A15 plans to invest EGP 250 mn
INVESTMENT WATCH- Tech investment fund A15 plans to invest EGP 250 mn over the coming period in fintech, e-commerce, digital…
Egypt’s e-Finance to increase subsidiary e-payments transactions to 2.7 bn by 2024
State-owned e-Finance aims to increase the number of electronic payment transactions carried out through its subsidiary ‘Khales’ to 2.7 bn…
What we’re tracking on 1 December 2019
Would someone mind explaining where 2019 went? Or the past decade, for that matter? Happy December, everyone. It’s official: Tarek…
Earnings watch: Fawry reports 9M2019 results
EARNINGS WATCH- Egyptian e-payments platform Fawry’s 9M2019 net profits recorded EGP 76.3 mn, up 47.7% from EGP 51.6 mn last…
Earnings watch: EFG Hermes, Suez Cement, Tourah Cement, Raya Contact Center, AT Lease
EARNINGS WATCH- EFG Hermes’s net profit after tax and minority interest rose 34% to EGP 358 mn in 3Q2019, compared…
e-Finance to wrap up legal procedures by the end of the year for its planned IPO
IPO WATCH- e-Finance to wrap up legal procedures for IPO by the end of the year, timing still undecided: Payments…
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