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Earnings watch: Rameda Pharma, GB Auto and Contact Financial report FY2021 earnings
Tenth of Ramadan for Pharma Industries and Diagnostic Reagents (Rameda) reported an 18.8% increase in net income in 4Q2021 to…
Egyptian gas exports to Lebanon are waiting on Washington + valU expands partnership with Waffarha
Gas supplies to Lebanon waiting on “final” US approval + World Bank financing: Cairo is “waiting for the final green…
Edita’s Molto Sandwich gets a rebrand with three new flavors + EFG Hermes’ valU launches new algo-based risk management tool
Edita’s Molto Sandwich is now Molto Fino, with new flavors: Edita Food Industries is introducing three new flavors as part…
ValU taps new partnerships in sports, aviation, and education ahead of first cross-border expansion this quarter
EFG Hermes’ fintech platform ValU has teamed up with Al Ahly Sporting Club to offer financing plans on new memberships,…
Wasla super-app lands USD 9 mn from Contact + MoneyHash bags USD 3 mn pre-seed
Internet browser turned e-commerce super app Wasla has scored a USD 9 mn investment from Contact Financial Holding, TechCrunch reports.…
e-Finance signs first agreement outside of Egypt
e-Finance steps out of Egypt: e-Cards, a subsidiary of EGX-listed fintech player e-Finance, has signed a 10-year contract with Zimbabwean…
EFG Hermes Corp-Solutions plans to take out EGP 2 bn in loans this year
EFG Hermes Corp-Solutions is negotiating with banks to borrow EGP 2 bn in 2022, CEO Talal Elayat told Al Mal…
PayTabs, ValU team up with Mazadat on e-payments + NBK Egypt completes share buyback ahead of delisting
EFG Hermes’ subsidiaries PayTabs and valU have partnered with X2C online auction and e-commerce platform Mazadat to give its customers…
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