MNT-Halan lines up blockbuster EGX debut
· Egyptian market news · HALN
Good morning, friends, and happy weekend.
But first, your weekly recap…
🗞️ LAST WEEK IN 3 MINS
The Egyptian arm of MNT-Halan lined up approval from the EGX for what looks set to be a blockbuster IPO HALN.CA
AND- Pan-African pre-seed fund Madica is expanding deeper into Egypt’s circular economy
ALSO- Beltone Holding’s Beltone Venture Capital is closing three new investments worth around USD 1 mn in the next two to three months.
Mostakbal Misr is expanding into hotel investment and tourism development on the Red Sea
The EGX’s first single-stock futures completed their first full lifecycle.
AND- The bourse has asked for a full income tax exemption on transferable-asset funds
Consumer finance and MSME providers must now report key financing events to the Egyptian Credit Bureau (I-Score) as they happen.
The Finance Ministry is weighing a return to the international debt market between October and December, tapping foreign funding aimed at narrowing the financing gap.
The National Authority for the Regulation of Advertising on Public Roads is tightening the rules:
The pharma industry is targeting around USD 1.6 bn in exports by the end of 2026
Cairo Food Week’s Hoda El-Sherif on stories, flavors, and community:
Hoda co-founder and CEO of Flavor Republic Cairo Food Week
Listen to the episode on: Apple Podcasts Spotify Anghami YouTube
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🌍 AROUND THE WORLD IN SEVEN DAYS
This week’s headlines were dominated by an unexpected AI reckoning
Anthropic CEO Dario Amodei kicked off the week with a blog post warning that current AI risks are too high to sustain rapid development
Markets took note: dropped to a six-week low
IN POLITICS- ended in a near-deadlock
ON THE REGIONAL WAR- USD 38 bn bill
The war’s inflationary toll helped push the Federal Reserve to hike interest rates for the first time since 2023 on Wednesday
IN THE BUSINESS PRESS
The Egypt Forum is less than a month away
And more panels to come.
Join us on 5 October in Cairo. Attendance is by invitation only, and seats are filling up quickly.
Request your invitation here.
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☀️ THE WEATHER THIS WEEKEND
Good news, folks, it seems we’re in for a breezy couple of days after yesterday’s scorcher.
🎤 HAPPENING THIS WEEKEND
The Caesar of Arabic song is finally coming back to Cairo. evening TicketEgypt
Still up north? Pop diva Haifa Wahbe is making a special Sahel appearance night website
If you’ve been looking for a chance to practice some retail therapy, you might get one this weekend. setting up shop
Beloved singer, songwriter, and guitarist Aida El Ayoubi tonight TicketsMarché