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
Egypt’s seven entries raised a total of $248.6 million, with the top Egyptian company in 8th place
Mastercard releases findings about the importance of digitalization and rising confidence levels as SMEs across sectors, products, and services in the region
The company, wholly owned by Fawry and its subsidiaries, has already obtained the necessary license from the Financial Regulatory Authority
In Q4 of 2020, Egypt’s Consumer Confidence Index increased to 98 points, up from 85 points in Q2 in 2020
