Fawry has partnered with retail technology provider Congineer to connect business management systems with digital payments for merchants in Egypt, as per an emailed press release.

BYD, its official distributor ManDream, and Valu have partnered to offer buyers of three BYD models a choice between an 18-month interest-free payment plan and cashback of up to EGP 160,000, as per an emailed press release.

valU has become the exclusive financial payments provider and first payment partner for noon Minutes, noon’s quick-commerce platform, under a partnership that brings flexible payment options to everyday shopping in Egypt, as per an emailed press release.

Fawry and diversified regional business Al-Futtaim have signed a strategic partnership to integrate payments, rewards, customer engagement, and flexible financing solutions at Cairo Festival City Mall, as per an emailed press release.

Egypt-based education financing platform Lime Consumer Finance has signed a strategic partnership with Egypt-based education technology and services provider Vertex Learning Solutions to offer installment payment options across Vertex’s education and training programs.

Valu has partnered with GoodsMart, an innovative household shopping service, to introduce a seamless payment option for GoodsMart clients

The Egyptian government is set to pay off $3 billion in loans to Gulf-based banks in November via the country’s dollar resources.

The Egyptian Arabian Company for Securities and Bonds Brokerage (Themar) has decided to distribute EGP 0.1 per share in cash dividends for the first half (H1) of 2024 as of October 13th.

Cairo Poultry Company’s ordinary general meeting (OGM) has decided to distribute cash dividends of EGP 0.847 per share, or a total of EGP 406.134 million, to shareholders for 2023.

Misr Hotels Company (MHOT) will pay cash dividends of EGP 1.2 per share for the fiscal year (FY) 2023/2024 on October 10th.

Misr Duty Free Shops has decided to distribute cash dividends of EGP 2.87 per share to shareholders for the fiscal year (FY) 2023/2024 as of October 17th.

Alexandria Mineral Oils Company (AMOC) has decided to distribute cash dividends of EGP 0.75 per share, or a total of EGP 968.625 million to shareholders for fiscal year (FY) 2023/2024 over two instalments.

Samad Misr (EGYFERT) will disburse EGP 6.3115 per share in cash dividends to shareholders for earnings of the first half (H1) of 2024 on October 6th.

Misr Cement – Qena (MCQE) will distribute cash dividends worth EGP 0.5 per share to shareholders for 2023 in two instalments.

The Egyptian General Petroleum Corporation (EGPC) has agreed with a consortium of local banks to get a one-year grace period to pay back its due installments worth $2 billion.

EgyptAir has fully paid off its 13-year accumulative debts of EGP 10 billion, owed to the Egyptian General Petroleum Corporation (EGPC), at the end of the elapsed fiscal year (FY) 2023/2024.

Orascom Construction Plc has decided to disburse EGP 9.69 per share in cash dividends for 2023 on August 21st.

The Egyptian Media Production City (EMPC) will disburse EGP 0.50 per share in cash dividends to shareholders for 2023 earnings on August 8th.

The Egyptian government will pay off dues owed to foreign oil companies totaling $3.2 billion in three installments before the end of the current fiscal year (FY) 2024/2025.