Fintech unicorn MNT-Halan weighs EGX debut for its local arm

· Egyptian market news

Fintech unicorn MNT-Halan weighs EGX debut for its local arm

Good morning, everyone.

The China tariff policy story isn’t new, but the clock is ticking.

And on the luxury end of the spectrum:

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MNT-Halan is weighing an IPO of its Egyptian business on the EGX as early as this year Bloomberg

IN CONTEXT- recent funding round led by Al Ahly Capital Holding UAE-based Chimera’s USD 200 mn

Why it matters: last year EGP 11.21 per share

Three down, seven to go

Enppi has filed for a temporary main market listing EGX filing USD 355 mn turnkey contract

This isn’t Enppi’s first crack at an IPO: a 24% stake the management mandate

IN CONTEXT- Three down, seven to go — and June is almost over: earlier this month Egyptian Linear Alkyl Benzene Company

REMEMBER- registered and assigned a ticker

Pensions go up next month

Pensions are s et to increase by 15% effective 1 July per a presidential decree Al Arabiya previously telling us

It’s also warm in Alexandria

And over the weekend

The big story abroad

Oil dips as ship s leave Hormuz: dragging Brent crude futures down

Speaking of the war: asked

Micron earnings ease fears of chip-wreck: Extraordinary earnings

Another chip player is making moves: looking to raise USD 29 bn

BTC’s bad year gets worse: drop below USD 60k

A dry, hot European summer: as much as 18 °C

Tremor looms over Caracas: magnitude 7.2 earthquake

Original source: enterpriseam.com

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