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Gov’t launches trial version of online platform to support agri trade
The Agriculture Ministry and state-owned payments platform e-Finance have launched a trial version of AgriMisr.com, an online platform designed to…
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…
Egyptian state-owned e-Finance roadshow to kick off before Christmas
IPO WATCH- e-Finance roadshow to kick off before Christmas: Advisors on the planned initial public offering of state-owned payments platform…
Fintech startup NowPay raises USD 600k in seed funding
STARTUP WATCH- Egyptian fintech startup NowPay has raised USD 600k in seed funding from Silicon Valley’s Endure Capital and 500…
Valu signs contract with insurance company for auto insurance installment plans
EFG Hermes’ fintech subsidiary Valu has signed a contract with an insurance company to feature its car insurance installment plan…
What we’re tracking on 20 August 2019
We’re just two days away from the Central Bank of Egypt’s Monetary Policy Committee meeting. The general consensus among economists…
Egypt in the News on 15 August 2019
There are no major stories dominating the conversation on Egypt in the foreign press this morning. Stories worth a skim:…
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:…
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