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Infrastructure 
FRA amends SPAC listing rules
SPACs must apply to list on the EGX within one month of obtaining their license from the FRA
MEG shareholders have 19 working days to respond to MENA Glass’ MTO
MENA Glass could pay up to USD 57.8 mn in FX
Fintech leader MNT-Halan expands into Turkey with acquisition of Tam Finans
The purchase follows a USD 157.7 mn funding round
MENA Glass wants to up its stake in Middle East Glass — submits USD 58 mn offer
MENA Glass Holding already holds 53% of MEG
E-commerce platforms MaxAB and Wasoko to merge within weeks -report
Maxoko’s annual operations are projected to hit USD 500 mn.
A new Sokhna terminal is underway. PLUS: News from UAE’s Hala, Elsewedy Electric, AMEA Power, EgyptAir
The new terminal should be fully operational in 18 months
Dr Greiche Glass and High Glass ink strategic merger agreement
The merger is set to boost Dr Greiche’s annual production capacity by 150k square meters.
UAE’s Electra snaps up 20% of Elsewedy Electric for USD 450 mn
Elsewedy Electric’s share price remained relatively stable following the transaction
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