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Khazna wants a SPAC to call its own
Fintech startup Khazna could set up a SPAC in 2024, a company spokesperson told Enterprise, confirming a report from Al…
Investors exit EM equities, global IPOs plunge as Ukraine fallout + rising rates spook the markets
EM funds are seeing heavy outflows on the back of the global uncertainty: Emerging-market equity funds have lost a combined…
Whatever happened to no politics in sports? + Crypto-focused SPACs are having their day in the sun + Fertilizer shortage exacerbates global hunger
Arab athletes speak out on double standards on bringing politics into sports: Athletes and commentators are pointing out international sporting…
IPOs: Gulf > Europe
Gulf > Europe in the IPO market: Surging oil prices are fueling an IPO boom in the MENA region, helping…
THIS MORNING: EGP settles in at EGP 18.57 to the greenback + more price caps are coming
Good morning, friends, and welcome to another exceptionally heavy news day, so as we did earlier this week, let’s jump…
Intro Group to invest EGP 1 bn in waste management this year
Intro Group subsidiary Intro Sustainable Resources (IRS) is looking to invest some EGP 1 bn in waste recycling this year,…
Delemar Aluminum to invest EGP 750 mn in new factory, eyes IPO in 2023
Delemar Aluminum is investing EGP 750 mn in a new factory in Sadat City, with an eye to begin construction…
2021 a “historic year” for MENA IPOs, says EY
MENA exchanges saw an “unprecedented surge” in stock market debuts in 2021, with a record 21 companies completing IPOs in…
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