{"id":570356,"date":"2020-03-29T04:13:09","date_gmt":"2020-03-29T04:13:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/29\/fawry-md-resigns-to-set-up-usd-25-mn-fintech-investment-fund\/"},"modified":"2020-03-29T04:13:09","modified_gmt":"2020-03-29T04:13:09","slug":"fawry-md-resigns-to-set-up-usd-25-mn-fintech-investment-fund","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/29\/fawry-md-resigns-to-set-up-usd-25-mn-fintech-investment-fund\/","title":{"rendered":"Fawry MD resigns to set up USD 25 mn fintech investment fund"},"content":{"rendered":"<p><strong>MOVES- Fawry MD resigns to set up USD 25 mn fintech investment fund:<\/strong> <a href=\"https:\/\/www.linkedin.com\/in\/mohamed-el-sayed-okasha-056b87a2?originalSubdomain=eg\">Mohamed Okasha<\/a> has resigned from his position as managing director of e-payments platform Fawry, according to <a href=\"https:\/\/www.egx.com.eg\/downloads\/Bulletins\/242672_1.pdf\">a regulatory filing (pdf)<\/a>. Okasha has plans to head a USD 25 mn early stage fintech investment fund once the fallout from the covid-19 outbreak begins to cool, <a href=\"https:\/\/alborsaanews.com\/2020\/03\/26\/1312678\">he told the local press<\/a>. Fawry CEO Ashraf Sabry will act as interim MD following Okasha\u2019s departure. <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN21D117\">Reuters<\/a> also covered the news.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MOVES- Fawry MD resigns to set up USD 25 mn fintech investment fund: Mohamed Okasha has resigned from his position as managing director of e-payments platform Fawry, according to a regulatory filing (pdf). Okasha has plans to head a USD 25 mn early stage fintech investment fund once the fallout from the covid-19 outbreak begins [&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":[8572],"tags":[72,519,183,125,4873,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-570356","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-fawry","tag-fintech","tag-investment-watch","tag-mohamed-okasha","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8c8547ac-94bb-4303-9a04-4134f62b6c8e","is_powered_by":true,"section_story_id":"fdd06f40-e2ad-4243-a831-86f9dcf7a60c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[570340],"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>Fawry MD resigns to set up USD 25 mn fintech investment fund - 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\/2020\/03\/29\/fawry-md-resigns-to-set-up-usd-25-mn-fintech-investment-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fawry MD resigns to set up USD 25 mn fintech investment fund\" \/>\n<meta property=\"og:description\" content=\"MOVES- Fawry MD resigns to set up USD 25 mn fintech investment fund: Mohamed Okasha has resigned from his position as managing director of e-payments platform Fawry, according to a regulatory filing (pdf). 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