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THIS EVENING: valU snaps up 100% of PayNas + Citi sees UK inflation jumping above 18% next year
Happy hump day, wonderful people. We have a slightly slower news afternoon to bring you today — a welcome breather…
OFH is setting up a fund for tech startups
OFH swaps Beltone for fintech: Orascom Financial Holding (OFH) is using the sale of itsshares in Beltone Financial to expand…
valU closes its second securitized bond issuance
valU just closed its second securitized bond issuance in less than a year: EFG Hermes’ consumer finance arm valU has…
Aman / Taqa fintech to launch in 4Q, IDH’s CEO ups stake in company
Aman + Taqa’s fintech venture to launch in 4Q 2022: Raya Holding subsidiary Aman and Qalaa Holdings’ Taqa Arabia hope…
Auf Group acquires majority stake in local snacks player
Auf Group makes its first acquisition of the ADQ era: Egyptian food outfit Auf Group has acquired a 75.5% stake…
Institutional investors aren’t giving up on crypto
Institutional investors are making a comeback in the crypto world: BlackRock, the world’s biggest asset manager, has in recent days…
Enough earnings for you?
Yesterday was an earnings extravaganza, ladies and gentlemen. Among those reporting were (in alphabetical order): Contact Financial Holding’s net income…
e-Finance to provide financial services to the Saudi wealth fund’s Egypt arm
e-Finance is working with the PIF: e-Finance will provide financial and digital services to the Saudi sovereign wealth fund’s new…
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