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Valu plans to IPO within a year + Jordan expansion pushed back
EFG Hermes will act as the financial advisor for the transaction
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
Beltone turns profitable in 2023
Beltone’s net income and revenues soared in 2023 after years of losses
Contact Financial’s net income rose 14% y-o-y in 2023
EARNINGS- Contact Financial reports “impressive” results for 2023: Non-banking financial services firm Contact Financial saw its normalized net income rise…
Telecom Egypt’s net income rose by 25% y-o-y in 2023. PLUS: Bolt, Danieli, Majid Al Futtaim, Fawry + PayMe, FABMisr, Al Baraka Bank
The company’s revenues were up 28% y-o-y to reach EGP 56.7 bn, which it attributed to higher data services and…
Aman Holding and Contact Financial plan GCC expansions in 2024. PLUS: GB Capital + Golden Coast sukuk news, new gold fund, Banknbox + SWFT, PayTabs
Aman Holding will start providing installment services in Saudi Arabia in the second half of the year
Fintech startups can now apply for temporary licenses
Fintech startups will need to meet a minimum capital requirement of EGP 15 mn to be eligible for the temporary…
How did non-banking financial services perform during 3Q 2023?
Mortgage financing fell almost 42% y-o-y during 3Q 2023
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