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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
THIS EVENING: Valu plans to IPO within a year + CBE cancels its MPC meeting
Good afternoon, folks, and happy almost-THURSDAY, which can’t come fast enough when it’s Ramadan. THE BIG STORY TODAY #1- Valu…
Valu, PHD, Aur Leasing close securitization bond issuances
This brings the total value of securitized bonds issued in Egypt this year to EGP 86 bn
THIS EVENING: valU concludes seventh bond issuance
Welcome, friends, to what we think will be the third-slowest news day of 2023, a target set to be eclipsed…
Save the date, Saudi investments are on their way. PLUS: News from Ingram Micro, Telecom Egypt, Valu, and EIB
The Saudi Al Kraida Dates is working on a dates factory
IDG-led consortium to sign MoU to develop Beni Suef dry port. PLUS: Jumia + Aman, Valu + EBI, Rakta + Al Ahly Pharos, Kima + Tecnimont
The port project could require some USD 500 mn according to a local news outlet
Ethmar Holdings could expand to Egypt. PLUS: Valu x Beymen.
INVESTMENT- EIH mulls expanding into Egypt + Saudi Arabia: Emirati holding company Ethmar International Holding (EIH) is considering expanding into…
Valu to expand into Jordan, puts Saudi on hold for now
The fintech has shelved plans to expand in Saudi, citing problematic market conditions
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