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Thursday, 2 September 2021

Kudos: Egyptian companies recognized in fintech, banking sectors

Our friends at CIB and Elsewedy Electric topped the list of nominees at this year’s Institutional Investor Best Practice awards. The two are nominated for the grand prix (ie: regional award) as leading corporations for investor relations in the Middle East, according to a statement (pdf).

CIB CEO Hussein Abaza is once again a finalist for “best investor relations by a CEO” in the Middle East, according to the statement. No Egyptian CFO was nominated for best CFO for IR.

Nominees for best corporate for IR in Egypt include CIB, Edita, Elsewedy, Raya Contact Center and Telecom Egypt.

Nominees for best IR professional in Egypt include a number of our favourite people:

  • Haitham Abdel Moneim (EK Holding)
  • Menna Shams El Din (Edita)
  • Tarek Yehia (Elsewedy)
  • Sarah Shabayek (Telecom Egypt)
  • Ahmed Zayed (Telecom Egypt)
  • Jan Pawel Hasman (TMG)

We hope we see all of you on the road soon instead of in these horrible damn video calls.

Four Egyptian companies made it to Forbes’ list of Top 15 Fintech Apps In The Middle East, with online portal myFawry topping the list. It was followed by EFG Hermes’ buy-now-pay-later platform valU and digitized rotating savings and credit association, MoneyFellows. Raya Holding’s merchant financial services provider, Aman, rounded out list.

A large number of Egyptian banks and financial services firms were recognized in the 2021 Global Banking and Finance Review Awards. The list includes Concord International Investments, QNB Alahli, ADIB Egypt, Credit Agricole Egypt, Banque Misr, Banque du Caire, Servfund, and Arab Moltaqa Investments.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.