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Egypt’s Fawry to move into micro insurance brokerage early 2020
Fawry is planning to venture into micro insurance brokerage by early 2020, CEO Mohamed Okasha told the press, without providing…
Egyptian e-payments platform Fawry plans Gulf expansion
Fawry has big post-IPO plans in the Gulf: Egyptian e-payments platform Fawry plans to expand into the UAE by the…
Egypt’s first IPO this year sees shares up 31% on the first day of trading
IPO WATCH- Fawry IPO ― the first this year ― sees shares up 31% on the first day of trading:…
What we’re tracking on 8 August 2019
We’re officially on holiday in a few hours’ time: Civil servants will be on break to observe Eid Al Adha…
Fawry IPO’s retail offering 30x oversubscribed
IPO WATCH- Fawry’s retail offering oversubscribed 30x: E-payments platform Fawry successfully completed the book-building process for its initial public offering,…
Fintech startup MoneyFellows raises over USD 1 mn in pre-series A funding
STARTUP WATCH- Fintech startup MoneyFellows has raised over USD 1 mn in pre-series A funding from 500 Startups and Dubai…
What we’re tracking on 05 August 2019
It’s PMI day: The Emirates NBD purchasing managers’ indexes for Egypt, the UAE, and Saudi Arabia are due out this…
Fawry’s private placement sees strong demand
IPO WATCH- Fawry’s private placement 15.9x oversubscribed: Investors oversubscribed 15.9x to the private placement portion of Fawry’s ongoing IPO, EFG…
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