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Optimism over cryptocurrencies sours as BTC, ETH plummet amid stock market slump
The reversal in sentiment follows an uptick in crypto’s outlook after BTC EFTs hit the market
OCI sells blue ammonia project for USD 2.4 bn. PLUS: News from Valu, KarmSolar, I-Score
The project will have a production capacity of 1.1 mn ton of blue ammonia per year during its first phase
Gov’t wants to set up a pharma raw material hub. PLUS: News from OPay, Telecom Egypt, Madinet Masr
The hub will aim to meet local market needs and regional exports
MNT-Halan wants to go global
The company last week stepped into the Turkish market
Fintech leader MNT-Halan expands into Turkey with acquisition of Tam Finans
The purchase follows a USD 157.7 mn funding round
Local fintech player Dopay secures USD 13.5 mn in a series A extension round
The company will use the funds to accelerate its expansion plans
MNT-Halan raises USD 157.7 mn from international investors
The funding round saw participation from the IFC, DPI and Lorax Capital Partners
Germany’s BTC sell-off is causing market jitters
The currency is down c. 20% in the past month as supply hits the market
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