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Fawry’s net income rises 70% in 2022
E-payments giant Fawry’s adjusted net income climbed 70% y-o-y to EGP 316.9 mn in 2022, according to its earnings release…
Meet our founder of the week: Nader Abdelrazik, co-founder and CEO of MoneyHash
MoneyHash raised a USD 3 mn pre-seed round last year and is currently raising more financing
Want to buy an EV? Here are the options
Want to buy an EV? The electric vehicle industry in Egypt is still nascent — but options are available if…
Companies no longer need a credit rating to issue bonds + sukuk
There are some caveats.
THIS MORNING: EFG Hermes’ One on One investor conference starts today + Foreign reserves rise in February
Good morning, everyone. It’s a big day for the regional finance community as the EFG Hermes One on One gets…
Fed policy to stay tighter for longer, says governor
Another sign that the Fed will stay hawkish: Federal Reserve Governor Mary Daly has become the latest official at the…
Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation. Plus: Smartphone assembly, mature oil fields, BdC’s e-payments arm — and plenty more
MANUFACTURING- Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation: Ezz Steel expects to record losses of EGP…
Crypto platform Rain throws in with MoneyHash on payments. Plus: STV is fundraising and Raya’s accelerator inks pact with GIZ
MoneyHash’s API will allow Rain to add payment service providers and payment methods across the Middle East and Africa.
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