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THIS EVENING: Valu plans to IPO within a year + CBE cancels its MPC meeting
Good afternoon, folks, and happy almost-THURSDAY, which can’t come fast enough when it’s Ramadan. THE BIG STORY TODAY #1- Valu…
MNT-Halan snaps up struggling Pakistani microfinance bank
MNT-Halan purchased 100% of Advans Pakistan Microfinance Bank for an undisclosed sum
Five companies are mulling sukuk issuances this year. PLUS: News from Contact, Hassan Allam Properties
Among the interested companies are Contact Financial Holding and MNT-Halan’s Tasaheel
Stock market rallies convince analysts of global risk reset
Stock markets rallies make analysts believe a risk reset is around the corner: The world’s most prominent indices — S&P…
Private equity firms grapple with USD 3 tn worth of unsold companies
The private equity industry is facing a severe liquidity crunch, with firms globally sitting on a whopping 28k unsold companies…
Fawry’s net income rose 198% y-o-y in 2023
The company also saw its top line grow 44% y-o-y to a record EGP 3.3 bn
Payment trends in 2024: Embracing change for a global, seamless future
Say goodbye to the fragmented landscape of payment networks. Interoperability is the name of the game in 2024
Nvidia overtakes Aramco as world's third largest company
The company’s stock has surged nearly 70% this year already
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