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Taqa Arabia shareholder sells 20% stake. PLUS: Beltone’s SODIC office building buy, Qalaa to study green aviation fuel with French firm — and more
The block trade comes three weeks after the company’s shares began trading on the EGX
Beltone’s record EGP 10 bn capital increase closes, sees foreign institutions take stakes
Second phase of rights issue was c. 5.5x oversubscribed
Fintech player Flash closes USD 6 mn seed round
Flash will use the funds to accelerate its product development
Private equity firms eye 25% stake in Al Ahly Momkn
Ahli Capital owns 75% of Al Ahly Momkn
Fintech players see new licensing requirements as “big step forward”
We talk to fintech players to see what they make of the new rules
Israel eyes linking its grid to Europe — and to ours
A 150-km subsea Mediterranean cable could link Israel’s grid to Europe
Islamic fintech platform closes USD seven-figure pre-seed round
The round was led by Plus Venture Capital, Seedstars International Ventures, and Flat6Labs
Abou Hashima to acquire 5% of Beltone
Beltone is looking to raise EGP 10 bn via a capital increase
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