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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
Abou Ghaly ties up with NBE + Metito eyes desalination plants
The desalination plants would have a combined capacity of 200k cubic meters
Contact Financial closes second biggest securitization of the year so far
Contact plans to issue another EGP 5bn+ in securitized bonds before the year is out
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
GB Corp launches SME lender
GB Corp is bidding to capture a slice of Egypt’s growing SME lending market with the launch of a new…
Snackmaker Edita plans to more than double capex in 2023
That doesn’t include an extra EGP 400 mn investment in newly acquired Fancy Foods
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