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Epayment

Fawry considers US listing and raising EGP 800M for expansion

In a filling to the Egyptian Exchange (EGX), Fawry stated that the proceeds will be used to fund the expansions of its financial services for both consumers and merchants

Egyptian startups take 7 spots on Forbes ME’s top 50 most-funded startups in MENA

Egypt’s seven entries raised a total of $248.6 million, with the top Egyptian company in 8th place

Digitalization Readiness | Key to unlocking SME growth potential in MEA

Mastercard releases findings about the importance of digitalization and rising confidence levels as SMEs across sectors, products, and services in the region

Fawry to establish new consumer finance company in 2022

The company, wholly owned by Fawry and its subsidiaries, has already obtained the necessary license from the Financial Regulatory Authority

Egypt jumps 19 spots on 2021 Global Retail Development Index to sit in 7th place

In Q4 of 2020, Egypt’s Consumer Confidence Index increased to 98 points, up from 85 points in Q2 in 2020