THE MIDDLE EAST’S

11. AMAN Holding

Description: E-payment and financial services providers
Headquarters: Egypt
Date of Establishment: 2015
Founders: Mohamed Wahby, Hazem Moghazi

AMAN’s super app enables a variety of services, including e-commerce, bill and utility payments, charity donations, and gaming. It had been downloaded over a million times, with 670,000 users as of December 2023. The company also offers financial services such as microfinance, consumer finance, and securitization services. With 200 microfinance offices, 230 retail stores, and more than 250,000 POS, AMAN serves over 40 million customers monthly and more than 200,000 merchants. Its gross transaction value reached $1.3 billion in 2023. The company has recently ventured into Islamic and Nano finance. Raya Holding owns a 76% stake in AMAN.