{"id":617410,"date":"2024-03-21T00:00:00","date_gmt":"2024-03-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/"},"modified":"2024-03-21T00:00:00","modified_gmt":"2024-03-21T00:00:00","slug":"valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/","title":{"rendered":"Valu plans to IPO within a year + Jordan expansion pushed back"},"content":{"rendered":"

Valu is coming to the EGX: <\/strong>EFG Holding\u2019s fintech platform Valu plans to offer up to 25% of its shares on the EGX within a year, CEO Walid Hassouna told Asharq Business<\/a>. He didn\u2019t specify how much Valu is looking to raise from the offering. <\/p>\n

Still in early stages: <\/strong>\u201cWe are yet to decide on the stake that will be offered. That will highly depend on the [revenues] \u2026 the higher they are the lower the stake offered will be,\u201d he said, adding that he expects the offering to be for 20-25% of the company.<\/p>\n

Advisors: <\/strong>EFG Hermes will act as the financial advisor for the transaction; other advisors may be tapped later in the process. <\/p>\n

We\u2019re already expecting a couple of IPOs this year: <\/strong>The developer of the new administrative capital Administrative Capital for Urban Development is set to be ready for listing by 2Q 2024<\/a> and aims to raise over EGP 150 bn from listing 5-10% of its shares in one of the EGX\u2019s largest ever transactions. Meanwhile, Raya Holding plans to offer 30-35% of its IT arm Raya Information Technology<\/a> on the EGX in 1H 2024. <\/p>\n

2023 was pretty dry: <\/strong>Last year saw a single company make its EGX debut, Taqa Arabia started<\/a>trading on the EGX in July 2023<\/a> \u2014 in a technica listing, not an IPO \u2014 listing 1.35 bn shares on the exchange. <\/p>\n

IN THE PIPELINE FOR VALU THIS YEAR- <\/p>\n

Valu could begin Jordan operations by the end of the year: <\/strong>The company expects to launch its services in Jordan sometime between late 2024 and early 2025, pushing back its initial plans to launch in the country early this year<\/a>. <\/p>\n

What\u2019s the hold up?<\/strong> Valu is awaiting its license from the Central Bank of Jordan, which it expects to receive in the first half of the year, he added. The company will kick off operations three months after receiving its license. <\/p>\n

Ready to go:<\/strong> Valu has already hired a CEO to take care of its Jordan operations and is on the prowl for people to fill other senior positions<\/a>. The new CEO will be announced after the firm receives final approvals from the Central Bank of Jordan. <\/p>\n

New markets to follow? <\/strong>Valu could look at other North African markets following its launch in Jordan. The firm is hoping to begin operating in either Tunisia or Morocco<\/strong> \u201chopefully\u201d by 2025, Hassouna added. The company\u2019s expansion plan involves looking at markets \u201cwith favorable dynamics that allow for the implementation of its full product and services \u2026 flexibly,\u201d he previously said. <\/p>\n

Remember: <\/strong>Valu is investing some USD 10 mn into its Jordan expansion, around USD 7 mn (JOR 5 mn) of which is going towards capitalizing its local unit, Hassouna said in October. <\/p>\n

Valu has big plans for 2024:<\/strong> Valu aims to increase its net income by 117% this year to EGP 500 mn. It also aims to increase transactions carried out through its platform to reach EGP 13 bn, up 41% from the year before. <\/p>\n

The fintech platform wants to close a EGP 900 mn securitized bond issuance<\/strong> before the end of March. The company plans to issue a total of EGP 4 bn worth of securitized bonds this year, with EGP 1 bn closed in each quarter, Hassouna adds. <\/p>\n

PREPAID VALU CARD? <\/p>\n

Another prepaid card has entered the market: <\/strong>Valu has partnered with our friends at Visa to launch its prepaid card, they said in a joint statement (pdf)<\/a> yesterday. Cardholders can transfer funds from their Valu account to the prepaid card for everyday use. <\/p>\n","protected":false},"excerpt":{"rendered":"

EFG Hermes will act as the financial advisor for the transaction<\/p>\n","protected":false},"author":1,"featured_media":617411,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7224],"tags":[84,72,78,1033,595,515],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-617410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-watch","tag-efg-hermes","tag-enterpriseam","tag-ipo-watch","tag-jordan","tag-non-banking-financial-services","tag-valu","wpautop","entry"],"acf":{"mongo_id":"6a73f472-1962-487e-81a1-e1614da9298c","order":"0","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/3\/1876.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egyptian fintech platform Valu plans to make its EGX debut within a year","related_issue":[617405],"teaser":"EFG Hermes will act as the financial advisor for the transaction","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.c1697ece-e1b4-40a1-828f-37a05d8d575c.mp3"},"yoast_head":"\nValu plans to IPO within a year + Jordan expansion pushed back - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Valu plans to IPO within a year + Jordan expansion pushed back\" \/>\n<meta property=\"og:description\" content=\"EFG Hermes will act as the financial advisor for the transaction\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-21T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1876.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Valu plans to IPO within a year + Jordan expansion pushed back\",\"datePublished\":\"2024-03-21T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/\"},\"wordCount\":583,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1876.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EFG Hermes\",\"EnterpriseAM\",\"IPO watch\",\"Jordan\",\"non-banking financial services\",\"ValU\"],\"articleSection\":[\"IPO\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/\",\"name\":\"Valu plans to IPO within a year + Jordan expansion pushed back - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1876.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-03-21T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1876.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1876.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Valu plans to IPO within a year + Jordan expansion pushed back\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Valu plans to IPO within a year + Jordan expansion pushed back - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/","og_locale":"en_US","og_type":"article","og_title":"Valu plans to IPO within a year + Jordan expansion pushed back","og_description":"EFG Hermes will act as the financial advisor for the transaction","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-03-21T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1876.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Valu plans to IPO within a year + Jordan expansion pushed back","datePublished":"2024-03-21T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/"},"wordCount":583,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1876.jpg?fit=%2C&ssl=1","keywords":["EFG Hermes","EnterpriseAM","IPO watch","Jordan","non-banking financial services","ValU"],"articleSection":["IPO"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/","name":"Valu plans to IPO within a year + Jordan expansion pushed back - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1876.jpg?fit=%2C&ssl=1","datePublished":"2024-03-21T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1876.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1876.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/valu-plans-to-ipo-within-a-year-jordan-expansion-pushed-back\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Valu plans to IPO within a year + Jordan expansion pushed back"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1876.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1876.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1876.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":667276,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/23\/valu-kicks-off-trading-on-the-egx-today-with-amazon-set-to-become-its-newest-direct-shareholder\/","url_meta":{"origin":617410,"position":0},"title":"Valu kicks off trading on the EGX today with Amazon set to become its newest direct shareholder","author":"enterpriseam admin","date":"23 June 2025","format":false,"excerpt":"Amazon will soon be able to boast a 3.95% stake in the local fintech giant","rel":"","context":"In "Capital markets"","block_context":{"text":"Capital markets","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1272.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":662653,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/20\/valu-could-hit-the-egx-as-soon-as-june-and-efg-holding-shareholders-are-getting-a-piece-of-it\/","url_meta":{"origin":617410,"position":1},"title":"Valu could hit the EGX as soon as June \u2014 and EFG Holding shareholders are getting a piece of it","author":"enterpriseam admin","date":"20 March 2025","format":false,"excerpt":"Shareholders of EFG Holding are directly in line for a USD 63 mn windfall from the transaction","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1646.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559854,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/07\/banque-du-caire-to-establish-e-payments-company\/","url_meta":{"origin":617410,"position":2},"title":"Banque du Caire to establish e-payments company","author":"enterpriseam admin","date":"7 February 2021","format":false,"excerpt":"State-owned Banque du Caire will partner with an unnamed foreign investor to launch a plannede-payments company in which it will hold a majority stake, head of investments at the state-owned bank Mohamed Ragai told Al Shorouk. Ragai provided no further details on the planned e-payments arm. The bank received central\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/113.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":667343,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/24\/valu-shares-jump-to-hit-price-ceiling-on-egx-debut\/","url_meta":{"origin":617410,"position":3},"title":"Valu shares jump to hit price ceiling on EGX debut","author":"enterpriseam admin","date":"24 June 2025","format":false,"excerpt":"Going public handed EFG shareholders roughly 20.5% of the company\u2019s share capital","rel":"","context":"In "Capital markets"","block_context":{"text":"Capital markets","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/12.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":666052,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/28\/valu-shares-to-start-trading-the-last-week-of-june\/","url_meta":{"origin":617410,"position":4},"title":"Valu shares to start trading the last week of June","author":"enterpriseam admin","date":"28 May 2025","format":false,"excerpt":"EFG Holding shareholders are in line for a USD 64 mn windfall","rel":"","context":"In "Capital markets"","block_context":{"text":"Capital markets","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1646.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":617593,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/25\/valu-raises-egp-888-mn-from-securitization-issuance\/","url_meta":{"origin":617410,"position":5},"title":"Valu raises EGP 888 mn from securitization issuance","author":"enterpriseam admin","date":"25 March 2024","format":false,"excerpt":"The issuance is part of an EGP 9 bn extended program","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2101.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/617410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=617410"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/617410\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/617405"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/617411"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=617410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=617410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=617410"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=617410"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=617410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}