Agri Net
AgriNet Launch
CSR
Misr elkhier CSR Program
Estadat MOU Signing
Estadat MOU Signing
First Electronic Banking Service Center Opening
First Electronic Banking Service Center
ICT 2021 MOU Signing
Cairo ICT 2021 MOU Signing

News and Press Releases

EFIG
June 2021

The establishment of eFinance Investment Group (EFIG) with dominating shares in 5 subsidiaries and listing of the holding company in the stock market

EFIG

The establishment of eFinance Investment Group(EFIG) with dominating shares in 5 subsidiaries and listing of the holding company in the stock market

Ibrahim Sarhan, Chairman of eFinance Investment Group(EFIG), disclosed the establishment of a new company for its contact center solutions under the name of “enable” with 98% ownership, pointing out that with the establishment of ‘enable’, the company was able to expand the number of contact center seats from 350 to 1000 within one year. He also pointed out that “enable” was spun off due to the great pressure imposed on demanding more digitally enabled services and the acceleration of digital transformation nationwide, as repercussions of COVID-19 pandemic, noting that it was extremely important to be able to expand the company’s service offering in not only the contact center solution but also business process outsourcing which is of growing importance.

ESTADAT company
April 2021

ESTADAT company signs an MOU with eFinance Investment Group (EFIG) to cooperate on digital transformation and financial inclusion

ESTADAT company

ESTADAT company signs an MOU with eFinance Investment Group (EFIG) to cooperate on digital transformation and financial inclusion

eFinance Investment Group (EFIG) will provide integrated financial digital transformation services to ESTADAT company through its subsidiaries “enable”, “eAswaaq” and “eCards”.

eFinance Investment group
October 2021

eFinance Investment Group announces indicative price range for its initial public offering on the Egyptian exchange

eFinance Investment group

eFinance Investment Group announces indicative price range for its initial public offering on the Egyptian exchange

eFinance for Digital and Financial Investments S.A.E., Egypt’s first fintech platform and one of its leading developers of digital payments infrastructures, announces today the indicative price range for its initial public offering of 257,777,778 ordinary shares on the Egyptian exchange “EGX”. The offering will consist of a sell-down of 80,000,000 secondary shares and a capital increase of 177,777,778 primary shares, together representing 14.5% of the Group’s share capital, and will involve a placement to certain institutional investors in Egypt and elsewhere the “Institutional Offering” and a retail offering to retail investors in Egypt the “Egyptian Retail Offering” and, together with the Institutional Offering, the “Combined Offering”. The proceeds of the capital increase will be utilized to fund the Group’s future operational expansion plans. The indicative price range for the shares to be offered in the Combined Offering has been set between EGP 12.50 and EGP 13.98 per ordinary share. The final price announcement will be determined in accordance with a book-building process and is expected to occur on or around October 9, 2021. The Egyptian Retail Offering subscription period is expected to run from October 6, 2021 to October 13, 2021. Trading of the Issuer’s shares on the EGX is expected to begin on or around October 18, 2021.

Ministry of Tourism and Antiquities in cooperation
April 2021

Ministry of Tourism and Antiquities in cooperation with eFinance Investment Group launches the first integrated software system to book tickets of the National Museum of Egyptian Civilization

Ministry of Tourism and Antiquities in cooperation

Ministry of Tourism and Antiquities in cooperation with eFinance Investment Group launches the first integrated software system to book tickets of the National Museum of Egyptian Civilization

The project is the first of its kind in Egypt and it’s the first electronic ticketing platform using bar code which enables visitors to book the ticket through the portal and mobile application visitors pay through bank cards and electronic wallets, in order to enhance visitors experience and reduce paperwork, the portal can be visited on www.egymonuments.com

eFinance Investment group
April 2021

eFinance Investment group donates 6,000 food cartons to support Egypt al-Khair convoys in Ramadan

eFinance Investment group

eFinance Investment group donates 6,000 food cartons to support Egypt al-Kheir convoys in Ramadan

E-Finance for financial and digital investments has announced that it has funded 6,000 cartons of food to support "Misr El Kheir" Foundation as part of the "Iftar fasting" campaign to deliver hundreds of tons of food and aid to thousands of needy families in the Egyptian governorates, under the auspices of the Ministry of Solidarity, “e-finance” and its subsidiaries aim to support the Egyptian society and play various roles in achieving the goals of social responsibility.

AGRI MISR
April 2021

Egypt Launches its first e-platform “AGRIMISR” Part of the Egyptian Digital Agricultural Network “AGRINET”

AGRI MISR

Egypt Launches its first e-platform “AGRIMISR” Part of the Egyptian Digital Agricultural Network “AGRINET”

El-Qusayr, Minister of Agriculture and Land Reclamation, confirmed that the launch of the "AGRIMISR" e-platform, in cooperation with the Ministry of Planning and Economic Development, the Agricultural Bank, and eFinance investment group and its subsidiary eAswaaq, Which is the first electronic platform for the agricultural sector within Egyptian Digital Agricultural Network; To provide support, financing, trade, research, and logistics services to the agricultural sector.