{"id":556192,"date":"2021-10-14T04:06:30","date_gmt":"2021-10-14T04:06:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/14\/efg-hassan-allam-khazna-all-get-a-round-of-applause\/"},"modified":"2021-10-14T04:06:30","modified_gmt":"2021-10-14T04:06:30","slug":"efg-hassan-allam-khazna-all-get-a-round-of-applause","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/14\/efg-hassan-allam-khazna-all-get-a-round-of-applause\/","title":{"rendered":"EFG, Hassan Allam, Khazna all get a round of applause"},"content":{"rendered":"<p><strong>KUDOS-<\/strong><\/p>\n<p><strong>We said earlier this week that it is never too late to start something new <\/strong>\u2014 or even start over. In that vein: Big kudos to reader <strong>Ehab Mikhael from ADM<\/strong>, who wrote in to let us know that he agreed, having earned his MBA just a few days earlier at the age of 44.<\/p>\n<p><strong>EFG Hermes\u2019 consumer finance arm valU was named fintech company of the year<\/strong> <strong>at the Tech Innovation Awards 2021<\/strong> \u2014 hosted by BNC Publishing\u2019s <a href=\"https:\/\/bncpublishing.net\/brands\/entrepreneur-middle-east\/\">Entrepreneur Middle East<\/a> in Dubai on 6 October, the company said in a <a href=\"https:\/\/ent.news\/2021\/10\/valU-Tech-Innovation-Awards-2021-English.docx.pdf\">press release (pdf)<\/a><sup><\/sup>. \u201cWe are honored to be named \u2018Fintech Company of the Year\u2019 by Entrepreneur Middle East and to be nominated among some of the strongest names in the fintech industry,\u201d valU CEO Walid Hassouna said.<\/p>\n<p><strong>Fintech startup <\/strong><strong><a href=\"https:\/\/khazna.app\/\">Khazna<\/a><\/strong><strong> was selected to compete in the first iteration of the Last Mile<\/strong><strong> Money Accelerator<\/strong>, a program founded by the Bill & Melinda Gates Foundation and managed by design company IDEO. \u201cThe four-month programme aims to supercharge startups with grant capital, world class design support from IDEO and IDEO.org, and connections to key strategic ecosystem partners,\u201d according to <a href=\"https:\/\/disrupt-africa.com\/2021\/10\/07\/7-african-startups-selected-for-inaugural-last-mile-money-accelerator\/\">Disrupt Africa<\/a>.<\/p>\n<p><strong>Hassan Allam Holding took home the Technology Initiative of the Year prize<\/strong> at the <a href=\"https:\/\/www.constructionweekonline.com\/events\/awards\/cw-egypt-awards-2021-hassan-allam-holding-wins-tech-initiative-of-the-year\">CW Egypt Awards 2021<\/a>. The company was noted for implementing SAP across all its business divisions, employing the system for \u201cdocument creation approval with different strategies, as well as reviewing and monitoring all transactions.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUDOS- We said earlier this week that it is never too late to start something new \u2014 or even start over. In that vein: Big kudos to reader Ehab Mikhael from ADM, who wrote in to let us know that he agreed, having earned his MBA just a few days earlier at the age of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7230],"tags":[514,84,72,183,890,1459,249,515],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-556192","post","type-post","status-publish","format-standard","hentry","category-kudos","tag-consumer-finance","tag-efg-hermes","tag-enterpriseam","tag-fintech","tag-hassan-allam-holding","tag-khazna","tag-kudos","tag-valu","wpautop","entry"],"acf":{"mongo_id":"0cc0bc32-8868-483f-a53c-f428a7de64ec","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[556175],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EFG, Hassan Allam, Khazna all get a round of applause - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/14\/efg-hassan-allam-khazna-all-get-a-round-of-applause\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EFG, Hassan Allam, Khazna all get a round of applause\" \/>\n<meta property=\"og:description\" content=\"KUDOS- We said earlier this week that it is never too late to start something new \u2014 or even start over. In that vein: Big kudos to reader Ehab Mikhael from ADM, who wrote in to let us know that he agreed, having earned his MBA just a few days earlier at the age of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/14\/efg-hassan-allam-khazna-all-get-a-round-of-applause\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-14T04:06:30+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/14\/efg-hassan-allam-khazna-all-get-a-round-of-applause\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/14\/efg-hassan-allam-khazna-all-get-a-round-of-applause\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EFG, Hassan Allam, Khazna all get a round of applause\",\"datePublished\":\"2021-10-14T04:06:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/14\/efg-hassan-allam-khazna-all-get-a-round-of-applause\/\"},\"wordCount\":245,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"consumer finance\",\"EFG Hermes\",\"EnterpriseAM\",\"Fintech\",\"Hassan Allam Holding\",\"Khazna\",\"KUDOS\",\"ValU\"],\"articleSection\":[\"Kudos\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/14\/efg-hassan-allam-khazna-all-get-a-round-of-applause\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/14\/efg-hassan-allam-khazna-all-get-a-round-of-applause\/\",\"name\":\"EFG, Hassan Allam, Khazna all get a round of applause - 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The consumer finance platform was recognized for its strong performance, having more than tripled in size during 2020. EFG subsidiary PayTabs Egypt, meanwhile, has been\u2026","rel":"","context":"In &quot;THURSDAY KUDOS&quot;","block_context":{"text":"THURSDAY KUDOS","link":"https:\/\/enterpriseam.com\/egypt\/category\/thursday-kudos\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":662668,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/20\/local-fintechs-and-asset-managers-make-it-onto-forbes-middle-easts-rankings\/","url_meta":{"origin":556192,"position":1},"title":"Local fintechs and asset managers make it onto Forbes Middle East\u2019s rankings","author":"enterpriseam admin","date":"20 March 2025","format":false,"excerpt":"Sahl, Khazna, and Klivvr were among the newcomers to the list of top fintechs","rel":"","context":"In &quot;Kudos&quot;","block_context":{"text":"Kudos","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/kudos\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2102.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556522,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/28\/efgs-valu-three-egyptian-solar-companies-get-nods\/","url_meta":{"origin":556192,"position":2},"title":"EFG\u2019s Valu + three Egyptian solar companies get nods","author":"enterpriseam admin","date":"28 October 2021","format":false,"excerpt":"Three Egyptian companies made it onto Forbes\u2019 10 Sustainable Companies inMENA list: Solar EPC and financing company Cairo Solar, recycling and waste disposal company Egyptian Company for Solid Waste Recycling and solar distributor KarmSolar.EFG Hermes\u2019 consumer finance arm Valu snagged the \u201cfintech company of the year\u201d award at the inaugural\u2026","rel":"","context":"In &quot;Kudos&quot;","block_context":{"text":"Kudos","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/kudos\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557011,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/02\/kudos-egyptian-companies-recognized-in-fintech-banking-sectors\/","url_meta":{"origin":556192,"position":3},"title":"Kudos: Egyptian companies recognized in fintech, banking sectors","author":"enterpriseam admin","date":"2 September 2021","format":false,"excerpt":"Our friends at CIB and Elsewedy Electric topped the list of nominees at this year\u2019s Institutional Investor Best Practice awards. The two are nominated for the grand prix (ie: regional award) as leading corporations for investor relations in the Middle East, according to a statement(pdf).CIB CEO Hussein Abaza is once\u2026","rel":"","context":"In &quot;Kudos&quot;","block_context":{"text":"Kudos","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/kudos\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":585663,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/27\/efg-hermes-e-finance-among-10-companies-recognized-in-2022-egx-excellence-awards\/","url_meta":{"origin":556192,"position":4},"title":"EFG Hermes, e-Finance among 10 companies recognized in 2022 EGX Excellence Awards","author":"enterpriseam admin","date":"27 April 2023","format":false,"excerpt":"The EGX named EFG Hermes best financial securities trader","rel":"","context":"In &quot;Kudos&quot;","block_context":{"text":"Kudos","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/kudos\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/865.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548808,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/23\/valu-acquires-paynas\/","url_meta":{"origin":556192,"position":5},"title":"valU acquires PayNas","author":"enterpriseam admin","date":"23 August 2022","format":false,"excerpt":"EFG Hermes\u2019 consumer finance arm valU has acquired 100% of digital HR and payroll platform Paynas, valU said in a statement (pdf) yesterday, without disclosing the value of the transaction. 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