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Earnings watch: Elsewedy Electric revenues up by a third in 2021
Elsewedy Electric booked EGP 3.5 bn in net income in 2021, up 16.7% y-o-y, while revenues for the full year…
Fawry sees 400% y–o-y boom in online payments in 2021
Fawry saw transaction values surge last year: The e-payments giant processed EGP 6 bn worth of cashless POS transactions through…
MNT-Halan launches buy-now-pay-later service
Fintech firm MNT-Halan has launched a buy-now-pay-later (BNPL) service in its app,according to a statement (pdf). Backed by Halan’s recently-launched…
Air Supply, Kima ink EGP 260 mn agreement for gas factory in Aswan complex
Air Supply and Kima ink agreement for new gas production project: Air Supply Group signed an EGP 260 mn agreement…
Infrastructure: What’s to come in 2022? (Part II)
Infrastructure: What’s to come in the year ahead? (Part II) — Water has been at the forefront of the government’s…
Egypt preparing bid for 2036 Olympics
Egypt wants to host the Olympics: Egypt plans to submit an official bid to host the 2036 Summer Olympics, according…
Elsewedy Electric unveils industrial complex in Tanzania
Elsewedy Electric inaugurates Tanzania industrial park: Elsewedy Electric opened a USD 35 mn electric cable factory in Tanzania yesterday, the…
THIS EVENING: Has Big Tobacco swayed the state on the tobacco license tender? + Elsewedy, Edita go big on Africa expansions
Today is a big news day for Egyptian companies investing abroad, ladies and gentlemen, with Elsewedy Electric and Edita both…
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