Skip to main content

Signal in the noise.

Lumin Holding Plans Egyptian Stock Market Listing, Boosts Foreign Investment with Digital Solutions

Lumin Holding, a dynamic tech group, is exploring an IPO on the Egyptian Exchange. The company, which includes Lumin Systems (digital identity), Lumin Soft (software development), and Cow Pay (digital payments), is also rolling out innovative digital solutions to make it much easier for foreign investors to enter the Egyptian market.

1 min read
Lumin Holding Plans Egyptian Stock Market Listing, Boosts Foreign Investment with Digital Solutions

Eng. Ahmed Sarhan, Chairman of Lumin Holding, shared that the company is looking into listing on the Egyptian Stock Exchange in the coming years. This move is part of their broader plans to expand and strengthen their capital base. Sarhan highlighted that Lumin Holding oversees three main companies: Lumin Systems, which specializes in digital identity and technology solutions; Lumin Soft, focused on software development; and Cow Pay, a key player in digital payments. Regarding the exciting partnership between Lumin Systems and Azimut Egypt, which aims to provide digital solutions for opening investment accounts for foreigners using digital identity technologies, Sarhan explained that this alliance has received approval from the Financial Regulatory Authority (FRA) to join the FRA Sandbox. They are currently finalizing the technical procedures and conducting operational trials, with the service expected to officially launch within two weeks.

Related editorial

  • FRA Dispels Rumors: Non-Banking Financial Companies' Branches Remain Open

    The Market and The Economy

    FRA Dispels Rumors: Non-Banking Financial Companies' Branches Remain Open

    The Financial Regulatory Authority (FRA) has debunked recent social media rumors claiming the closure of non-banking financial company branches. The FRA clarified that the decision being circulated is an old one, dating back to October 2025, and specifically does not apply to the non-banking financial companies mentioned in the rumors. The authority assures the public that the sector is operating as usual.

    Jul 22, 20262 min read
  • Ahmed Ameer (Asphalt & Sinbad) Explains Egypt's Shift to Smarter Line Haul Pricing

    Startups and Entrepreneurship

    Ahmed Ameer (Asphalt & Sinbad) Explains Egypt's Shift to Smarter Line Haul Pricing

    Egypt's inter-city logistics market is undergoing a significant transformation in how 'Line Haul' services are priced. Entrepreneur Ahmed Ameer explains that the industry is moving away from older methods like per-invoice or per-bag pricing towards a more modern 'per-shipment' model. This exciting shift makes logistics services much easier to measure and scale, ultimately boosting operational efficiency and helping businesses manage their costs more effectively.

    Jul 21, 20262 min read
  • Bank NXT and EFG Hermes Launch Egypt's First Card to Blend Daily Spending with Investments

    Technology and Innovation

    Bank NXT and EFG Hermes Launch Egypt's First Card to Blend Daily Spending with Investments

    Bank NXT and EFG Hermes have teamed up to launch Egypt's first co-branded credit card. This innovative card, designed specifically for EFG Hermes ONE clients, uniquely brings together banking and securities brokerage services, offering a seamless financial experience that connects everyday spending with investment growth.

    Jul 21, 20263 min read