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Bosta completes seven-figure USD series A funding round
STARTUP WATCH- Egyptian courier startup Bosta has raised seven figures in its series A funding round from European delivery giant…
The Egyptian-American Enterprise Fund’s 2019 shareholders’ letter
2019 was a “milestone” year for the Egyptian-American Enterprise Fund (EAEF), Chairman James Harmon wrote this week in his annual…
Four Egyptian companies achieved major growth in the last year -PwC
Four Egyptian companies have achieved “major” growth milestones last year, according to a PwC report (pdf) looking at LSE Group’s…
Fawry to debut in UAE in 1Q2020
Fawry to make its UAE debut this quarter: Egyptian e-payments company Fawry is planning to launch in the UAE during…
Emerald expects to raise EGP 203 mn in January IPO
IPO WATCH- Emerald expects to raise EGP 203 mn from upcoming IPO: Real estate investment firm Emeraldis expecting to raise…
Fawry in talks to set up bank transfer service for Egyptians in GCC
E-payments platform Fawry is in talks with local and regional banks to set up a bank transfer service for Egyptians…
Rameda, Misr Insurance and jeans maker T&C all make IPO news
IPO WATCH- There’s plenty of chatter in the market this morning about IPOs, some on the near horizon, others further…
Egyptian e-payments platform Fawry reports 1H2019 earnings
EARNINGS WATCH- Fawry reports 7% y-o-y fall in 1H2019 profits: E-payments platform Fawry reported a 7% y-o-y decline in net…
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