{"id":641832,"date":"2024-09-03T00:00:00","date_gmt":"2024-09-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/"},"modified":"2024-09-03T00:00:00","modified_gmt":"2024-09-03T00:00:00","slug":"thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/","title":{"rendered":"That\u2019s a wrap on Basata\u2019s stake acquisition of MadfoatCom"},"content":{"rendered":"

Basata snaps up stake in MadfoatCom: <\/strong>Local fintech player Basata and the Jordan Kuwait Bank have acquired 27.1% of Jordanian bill payment provider MadfoatCom<\/a> for an undisclosed sum, Hapi Journal<\/a> reported, citing unnamed sources. <\/p>\n

Basata wanted more: <\/strong>The two buyers were 2.9 percentage points off their target to acquire up<\/a>to 30%<\/a> of the Jordanian company in a binding offer submitted in March.<\/p>\n

But Basata may soon be back for more: <\/strong>Unconfirmed reports last week<\/a> said Basata wants to eventually up its stake in the company to 49%. <\/p>\n

Advisors:<\/strong> Aniston Capital<\/a> and Imara Asset Management<\/a> were reportedly Basata\u2019s financial advisors on the transaction. <\/p>\n

Up next<\/strong>:<\/strong> Basata is reportedly planning to expand into the Saudi market through MadfoatCom as it already has the necessary regulatory approval.<\/p>\n

** We sat down with Basata Holding CEO Karim Shehata last month<\/strong> for our weekly My Morning Routine section. You can check out our interview here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The two buyers were 2.9 percentage points off their target to acquire up to 30% of the Jordanian company<\/p>\n","protected":false},"author":1,"featured_media":641833,"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":[7363],"tags":[8368,72,183,1033,7128],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-641832","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch","tag-basata","tag-enterpriseam","tag-fintech","tag-jordan","tag-ma-watch","wpautop","entry"],"acf":{"mongo_id":"5b78b21d-cd49-4466-b915-b868d60637e5","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/1375.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s Basata and Jordan Kuwait Bank wrap up 27.1% acquisition of MadfoatCom","related_issue":[641822],"teaser":"The two buyers were 2.9 percentage points off their target to acquire up to 30% of the Jordanian company","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/9\/.d3b42d28-112d-4170-a0c9-4992e93f1c53.mp3"},"yoast_head":"\nThat\u2019s a wrap on Basata\u2019s stake acquisition of MadfoatCom - 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\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"That\u2019s a wrap on Basata\u2019s stake acquisition of MadfoatCom\" \/>\n<meta property=\"og:description\" content=\"The two buyers were 2.9 percentage points off their target to acquire up to 30% of the Jordanian company\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-03T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1375.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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"That\u2019s a wrap on Basata\u2019s stake acquisition of MadfoatCom\",\"datePublished\":\"2024-09-03T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/\"},\"wordCount\":158,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1375.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Basata\",\"EnterpriseAM\",\"Fintech\",\"Jordan\",\"M&A Watch\"],\"articleSection\":[\"M&A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/\",\"name\":\"That\u2019s a wrap on Basata\u2019s stake acquisition of MadfoatCom - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1375.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-09-03T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1375.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1375.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"That\u2019s a wrap on Basata\u2019s stake acquisition of MadfoatCom\"}]},{\"@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":"That\u2019s a wrap on Basata\u2019s stake acquisition of MadfoatCom - 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\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/","og_locale":"en_US","og_type":"article","og_title":"That\u2019s a wrap on Basata\u2019s stake acquisition of MadfoatCom","og_description":"The two buyers were 2.9 percentage points off their target to acquire up to 30% of the Jordanian company","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-09-03T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1375.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":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"That\u2019s a wrap on Basata\u2019s stake acquisition of MadfoatCom","datePublished":"2024-09-03T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/"},"wordCount":158,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1375.jpg?fit=%2C&ssl=1","keywords":["Basata","EnterpriseAM","Fintech","Jordan","M&A Watch"],"articleSection":["M&A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/","name":"That\u2019s a wrap on Basata\u2019s stake acquisition of MadfoatCom - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1375.jpg?fit=%2C&ssl=1","datePublished":"2024-09-03T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1375.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1375.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/thats-a-wrap-on-basatas-stake-acquisition-of-madfoatcom\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"That\u2019s a wrap on Basata\u2019s stake acquisition of MadfoatCom"}]},{"@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\/1\/1375.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1375.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\/1\/1375.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":661359,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/26\/pfi-asset-management-takes-over-the-management-of-hdb-money-market-fund\/","url_meta":{"origin":641832,"position":0},"title":"PFI Asset management takes over the management of HDB money market fund","author":"enterpriseam admin","date":"26 February 2025","format":false,"excerpt":"PLUS: Basata ups stake in MadfoatCom","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1235.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":616241,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/03\/b-investments-granted-more-time-to-submit-mto-for-ofh-plus-agthia-ups-stake-in-abu-auf-basata-acquires-jordanian-fintech-stake\/","url_meta":{"origin":641832,"position":1},"title":"B Investments granted more time to submit MTO for OFH. PLUS: Agthia ups stake in Abu Auf, Basata acquires Jordanian fintech stake","author":"enterpriseam admin","date":"3 March 2024","format":false,"excerpt":"B Investments wants to submit an MTO for up to 90% of Orascom Financial Holding","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/11.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":640764,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/01\/kasrawy-group-mulling-new-factory-to-assemble-jetour-jac-autos-plus-basata-madfoatcom-dice-twin-top-saint-gobain-fertiglobe-orascom-construction-scatec-siemens\/","url_meta":{"origin":641832,"position":2},"title":"Kasrawy Group mulling new factory to assemble Jetour, Jac autos. PLUS: Basata + MadfoatCom, Dice + Twin Top, Saint-Gobain, Fertiglobe + Orascom Construction + Scatec, Siemens","author":"enterpriseam admin","date":"1 September 2024","format":false,"excerpt":"The government is now working on allocating land for the firm to build its factory","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/8.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":643159,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/03\/non-oil-private-sector-activity-grows-after-three-years-in-contraction\/","url_meta":{"origin":641832,"position":3},"title":"Non-oil private sector activity grows after three years in contraction","author":"enterpriseam admin","date":"3 September 2024","format":false,"excerpt":"Good afternoon, friends. It\u2019s another busy day for business news in Egypt, with the release of S&P Global\u2019s Egypt PMI for August, which showed activity growing after years in contraction. THE BIG STORY TODAY- We\u2019re finally growing: Egypt\u2019s non-oil private sector activity expanded in August for the first time in\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/226.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":615386,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/18\/vodafone-egypt-gets-cbe-approval-to-up-stake-in-fintech-platform-basata\/","url_meta":{"origin":641832,"position":4},"title":"Vodafone Egypt gets CBE approval to up stake in fintech platform Basata","author":"enterpriseam admin","date":"18 February 2024","format":false,"excerpt":"Vodafone acquired its existing 10% stake in the firm in 2022","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1615.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":671377,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/07\/chinas-shuanfeng-will-set-up-shop-in-qantara\/","url_meta":{"origin":641832,"position":5},"title":"China\u2019s ShuanFeng will set up shop in Qantara","author":"enterpriseam admin","date":"7 September 2025","format":false,"excerpt":"PLUS- Basata Holding will invest some USD 7 mn in 2026 to boost its market position","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/9\/289.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\/641832","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=641832"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641832\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/641822"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/641833"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=641832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=641832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=641832"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=641832"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=641832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}