Featured Fawry eyes CIB Egypt bank, Banque Misr’s stakes in Fawry Plus Amwal Al Ghad English Feb 25, 2021 0 Egyptian e-payment giant Fawry is in the process of acquiring stakes owned by the Commercial International Bank…
Money Egypt’s Banque du Caire to partner with foreign investor for set up e-payments company Amwal Al Ghad English Feb 7, 2021 0 Egypt’s state-owned Banque du Caire will be partnering with an unnamed foreign investor to set up an e-payments…
Money Egypt’s micro-lending app Cassbana raises more than $1 million from Distruptech Fund Nayera Eid Jan 4, 2021 0 Egyptian microfinance startup Cassbana announced on Sunday it has raised more than $1 million in a funding round…
Tech/AI Egyptian digital bill payments firm Fawry nine-month profits jump 90.4% Amwal Al Ghad English Nov 16, 2020 0 Egyptian digital bill payments firm Fawry reported on Monday a 90.4 percent year-on-year growth in profits for the…
Featured Egypt’s Digital Payments giant shares may be overvalued: Bloomberg Amwal Al Ghad English Sep 9, 2020 0 Bloomberg is speculating about Fawry shares, wondering if its valuation is “over-hyped,” as the company has…
Tech/AI Fawry becomes the first Egyptian tech firm to reach $1 billion market cap Amwal Al Ghad English Aug 19, 2020 0 Fawry has become the first publicly-traded Egyptian tech company to reach a market capitalisation of 15.56 billion…
Featured Egyptian digital bill payments firm Fawry’s H1 profits jump 135.5% Amwal Al Ghad English Aug 16, 2020 0 Egyptian digital bill payments company Fawry recorded a 135.5 percent year-on-year jump in its net profits to 85.9…
Money EFG Hermes is managing selling 7 % of stakes in Fawry Amwal Al Ghad English Jul 29, 2020 0 Egypt’s EFG Hermes is managing the transaction of selling a combined stake of 7 percent (50 mn shares) in…
Stocks Egypt’s Fawry finishes transferring 63% of shares to indirect shareholders Amwal Al Ghad English Feb 19, 2020 0 Egyptian e-payment company Fawry has completed the restructuring process of its shareholders without submitting a…
Featured Egypt’s EGX is hub for payment technologies in financial inclusion: Fawry Amwal Al Ghad English Sep 10, 2019 0 The successful offering of Egypt's top digital Fawry on EGX gives a positive massage for investors that the…