Egyptian tycoon Ashraf Sabry’s Fawry records over $13 million in net profits in 2021
Fawry is one of Africa’s leading fintech companies, offering more than 250 e-payment services.
Egyptian businessman
Egyptian tycoon Hend El-Sherbini’s IDH reports $80 million in profit as COVID-19 tests drive growth
IDH is a leading consumer healthcare group in the Middle East and Africa.
Egyptian billionaire Yasseen Mansour’s Palm Hills acquires additional stake in Incolease
The market value of Mansour’s 4.68-percent stake in Palm Hills Development is now valued at $11.96 million.
TFL, an Egyptian cloud kitchen led by Kareem El-Daly, raises $4.5 million in pre-seed funding
TFL was founded in 2020 by El Daly, Ahmed Osman, and Wesam Masoud to deploy technology to assist restaurants.
Egyptian businessman Hani Berzi eyes $4.5-million dividend from stake in Edita Food Industries
The dividend will be paid from the group’s retained earnings of $103.8 million.
Egyptian businessman Hassan Allam’s construction firm to develop solar power plant in Egypt
With over 80 years of experience, Hassan Allam Holding is one of the largest privately held corporations in Egypt.