Egypt’s Fawry unveils results of cybersecurity probe after Nov. 8 ransomware attack news
Egyptian e-payment giant, Fawry announced on Sunday the completion of a comprehensive investigation and analysis of…
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Fawry
Egypt’s Fawry reiterates efficiency, security of its electronic systems
Egyptian e-payment giant, Fawry emphasized in a statement on Thursday the efficiency and security of its electronic…
Egypt’s dairy firm Domty deals with Fawry to boost financial inclusion
Egyptian Arabian Food Industries Company (Domty) collaborated on Wednesday with Egypt’s e-payment giant Fawry FMCG…
Egypt’s stock exchange announces sale of EGP 904 mln stake in Fawry
Egypt’s Stock Exchange (EGX) announced on Wednesday the acquisition of 161.4 million shares in Egyptian e-payment…
Banque Misr, Emirati e& launch EGP500 mln e-payments company
Banque Misr, Egypt’s second biggest state lender, and Etisalat by e& - and affiliate to Emirati e&, have…
Egypt’s Fawry, Souhoola to enhance e-payment solutions
Egyptian e-payment giant Fawry signed on Thursday a cooperation protocol with BM Consumer Finance Souhoola to…
Egypt’s Fawry earns EGP 324mln net profit during H1
Egyptian digital payments company Fawry said on Sunday a 42.4 percent year-on-year growth to record revenues of…
Fawry may apply for digital banking licence in Egypt
Egyptian digital payments company Fawry said on Wednesday it is potentially applying for a digital banking licence…
Egypt’s Fawry in discussions for potential expansion into Saudi Arabia
Egyptian digital payments company Fawry said on Wednesday it is in preliminary discussions a subsidiary of Saudi…
EAEF pumps about $267 mln to Egypt since 2011
The Egyptian-American Enterprise Fund’s (EAEF) investment in Egypt has reached about $267 million since 2011 to…
Fawry profits rise by 196% in 3 months
Egyptian e-payment giant Fawry has announced on Thursday that its profits have increased by more than 196 percent…
Egyptian digital bill payments firm Fawry 2022 profit surges 35%
Egyptian e-payment giant Fawry reported on Tuesday a 35 percent year-on-year growth in net profit in 2022.
Orange Egypt signs agreement with Fawry to enhance digital payment services
Orange Egypt has signed on Tuesday a partnership agreement with Egyptian e-payment giant Fawry to enhance digital…
Saudi Arabia’s PIF acquires minority stakes in four Egyptian state firms
Saudi Arabia’s Public Investment Fund (PIF) has acquired – through its set-up firm the Saudi Egyptian Investment Co…
Egypt’s Mylerz gets $9.6mln in funding round
Mylerz, Cairo-based parcel delivery company, announced on Wednesday that it had raised $9.6 million in a funding…
Egypt’s Fawry shares worth $123.4 million sold in block deals – EGX
Egypt’s e-payment giant Fawry saw two block deals worth $123.4 million, the country stock exchange (EGX) said on…
UAE’s ADQ buys stakes in five Egyptian companies for $1.5 billion, including CIB
Abu Dhabi’s wealth fund ADQ has acquired stakes in five companies listed on the Egyptian stock exchange (EGX) for…
ADQ to buy stakes in CIB, Fawry, other Egyptian bourse-listed firms: Bloomberg
Abu Dhabi’s sovereign wealth fund ADQ agreed with Egyptian authorities to invest around $2 billion by buying…
Egypt’s Fawry with AWEF, Unilever and LEAD Foundation hail continued success of the Heya…
Egyptian e-payment giant Fawry announced on Wednesday the expansion of its Heya Fawry initiative to increase poor…
Egyptian digital bill payments firm Fawry 2020 net profit climbs 81%
Egyptian e-payment giant Fawry reported on Tuesday an 81 percent year-on-year growth in net profit in 2020.
Fawry eyes CIB Egypt bank, Banque Misr’s stakes in Fawry Plus
Egyptian e-payment giant Fawry is in the process of acquiring stakes owned by the Commercial International Bank…
Egypt’s Banque du Caire to partner with foreign investor for set up e-payments company
Egypt’s state-owned Banque du Caire will be partnering with an unnamed foreign investor to set up an e-payments…
Egypt’s micro-lending app Cassbana raises more than $1 million from Distruptech Fund
Egyptian microfinance startup Cassbana announced on Sunday it has raised more than $1 million in a funding round…
Egyptian digital bill payments firm Fawry nine-month profits jump 90.4%
Egyptian digital bill payments firm Fawry reported on Monday a 90.4 percent year-on-year growth in profits for the…
Egypt’s Digital Payments giant shares may be overvalued: Bloomberg
Bloomberg is speculating about Fawry shares, wondering if its valuation is “over-hyped,” as the company has…
Fawry becomes the first Egyptian tech firm to reach $1 billion market cap
Fawry has become the first publicly-traded Egyptian tech company to reach a market capitalisation of 15.56 billion…
Egyptian digital bill payments firm Fawry’s H1 profits jump 135.5%
Egyptian digital bill payments company Fawry recorded a 135.5 percent year-on-year jump in its net profits to 85.9…
EFG Hermes is managing selling 7 % of stakes in Fawry
Egypt’s EFG Hermes is managing the transaction of selling a combined stake of 7 percent (50 mn shares) in…
Egypt’s Fawry finishes transferring 63% of shares to indirect shareholders
Egyptian e-payment company Fawry has completed the restructuring process of its shareholders without submitting a…
Egypt’s EGX is hub for payment technologies in financial inclusion: Fawry
The successful offering of Egypt's top digital Fawry on EGX gives a positive massage for investors that the…
Egyptian top digital firm Fawry to tap UAE end-year
Egyptian digital bill payments company Fawry is planning to expand in the United Arab Emirates at the end of this…
Fawry IPO makes August – happy month for Egypt stock market
Egypt’s stock exchange (EGX) ended August on high note powered by the successful initial public offering of digital…
Egyptian digital payments company Fawry stock surges 31% at debut
Shares of Fawry, an Egyptian digital bill payments company, soared nearly 31.3 percent in their public trading…
Egypt’s top digital firm Fawry shares 29% up in first trading day
Egyptian top digital payments company Fawry's shares rose 29 percent to 8.33 Egyptian pounds ($0.5) in its first…
Egypt’s Fawry IPO oversubscribed 30 times – EGX
The initial public offering (IPO) for the Egyptian digital payments company Fawry was oversubscribed by 30.3 times…
Egyptian digital payments company Fawry prices IPO at 6.46 pounds
Egyptian digital bill payments company Fawry on Friday said it set the price per share at 6.46 Egyptian pounds…
Top digital payments company Fawry to sell 36% stake in Cairo float
Egyptian digital bill payments company Fawry plans to float up to a 36 percent stake in an initial public offering…
Egypt’s Fawry unveils IPO but no details of price, size, timing
Egyptian digital bill payments company Fawry has selected EFG Hermes to lead its public offering, but no details of…
ATM’s transactions amount to EGP 750mn: Fawry CEO
Number of transactions which are implemented through automated teller machines (ATM) amounted to 750 billion pounds…
Cairo metro tickets now available at Fawry branches
Dozens of outlets in Cairo for the digital payment service Fawry are now selling metro tickets in an effort to…