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EFG Hermes’ valU sets aside USD 25 mn to expand through M&A + new products
valU to spend USD 25 mn on regional + product expansion: EFG Hermes’ buy-now-pay-later platform valU expects to invest some…
THIS EVENING: valU to spend USD 25 mn on regional and product expansion + Companies have another two weeks to register with FinMin’s e-invoicing system
Good afternoon, friends. It’s finally time to slide into the weekend — and winter break for some kids. THE BIG…
valU issues EGP 854.5 mn in securitized bonds
valU closes third securitized bond issuance: EFG Hermes’ consumer finance arm valU has issued EGP 854.5 mn worth of securitized…
Gov’t reportedly looking to tender 200-MW worth of new Benban solar projects
Among the other stories we’re paying attention to this morning: ENERGY- A 200 MW solar tender in Benban? The New…
Camel Flour Mills acquires majority stake in Five Star Mills
Camel Flour acquires struggling flour producer: Al Moatabar Group’s Camel FlourMills(CFM) has acquired a majority stake in the distressed high-end…
valU + aiBANK to provide finance to Sylndr customers
Other things we’re keeping an eye on this morning: valU and aiBANK are providing finance options to customers of Sylndr,…
valU acquires an undisclosed minority stake in payments app Kiwe
EFG Hermes’ BNPL platform, valU, has acquired an undisclosed minority stake in fintech Kiwe, Kiwe CEO Fatma Ibrahim confirmed to…
Private tutoring could soon be regulated by the Education Ministry
Tutoring centers could go legit: Private tutoring centers will have to get licensed by the Education Ministry, Education Minister Reda…
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