EFG Hermes’ subsidiaries PayTabs and valU have partnered with X2C online auction and e-commerce platform Mazadat to give its customers access to valU’s buy-now-pay-later services and PayTabs’s online payment gateway, according to a joint press release (pdf)..

NBK Egypt shareholders sold 20.7 mn shares back to the bank at EGP 20 per share yesterday, ahead of its delisting from the EGX, according to a bourse statement. Financial advisor Prime Capital undertook the valuation on the shares.