March 11, 2022

17min0
        Reported net profit for the year was USD 56.6 million, a significant increase on USD 5.6 million recorded in 2020 CAIRO, Egypt, March 9, 2022/APO Group/ — Revenue increased 23.7% year on year to USD 352.2 million in 2021 with Middle East revenue increasing 25.0% year on year; Underlying EBITDA[1,2] increased by […]

February 18, 2022

3min0
        Hany will be responsible for leading and growing Network’s client-focused business unit servicing financial institutions, fintechs and payment partners across all geographies served by the Group DUBAI, United Arab Emirates, February 17, 2022/APO Group/ — Network International (Network.ae), the leading enabler of digital commerce across the Middle East and Africa (MEA), has […]

January 21, 2022

11min0
              DPO continues to trade strongly, with their revenue performance for the year representing an acquisition revenue multiple of less than 11x CAIRO, Egypt, January 20, 2022/ — Q4 revenue [1] up 30% y/y driven by spending recovery in the UAE; Continued strong growth at newly acquired DPO group […]

October 28, 2021

15min0
    Strong trading in the UAE combined with the launch of a wide range of new capabilities; remain confident in achieving full year expectations and longer-term growth aspirations DUBAI, United Arab Emirates, October 28, 2021/ — Issuer Solutions business update: Saw 2% revenue growth compared with Q3 2019, where the 2019 period was a reasonably strong comparator […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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