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E-Finance snaps stakes in digital payment firms
The transactions will be implemented in the over-the-counter market on the EGX this month
E-Tax to digitize Real Estate Tax Authority’s operations. PLUS: News from the House, Sameh Shoukry, Madinet Masr
E-Tax will work on creating “an information portal for the authority
Valu raises EGP 617 mn in securitized bonds
The issuance is part of a EGP 9 bn extended program and the ninth overall
Jordanian SME lender liwwa is looking to set up shop in Egypt
This comes after the lender secured USD 5 mn from the US DFC
e-Finance, Contact Financial report 1Q earnings
e-Finance Digital Operations made up 89% of the company’s total revenues for the quarter
Fawry’s net income rose 150% y-o-y in 1Q 2024
The company’s top line grew 60.9% to EGP 1.1 bn during the quarter
Second USD 20 bn tranche of Ras El Hekma funds land in state coffers
The tranche consists of USD 14 bn fresh inflows and USD 6 bn in the form of a previous UAE…
Banque Misr’s MDI has poured some EGP 2.5 bn into Onebank. PLUS: News from Elsewedy Electric, OPay, Edita
MDI received preliminary approval last week from the Central Bank of Egypt to launch Onebank
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