MNT-Halan has closed subscriptions for the private tranche of its initial public offering (IPO) on the Egyptian Exchange (EGX), with the tranche 11.2 times oversubscribed at an offer price of EGP 24.50 per share, as per an emailed press release.

The retail tranche of MNT-Halan’s initial public offering (IPO) drew subscription orders for approximately 252.51 million shares by the fourth day of the offering, exceeding the 48 million shares allocated to individual investors by 5.26 times.

The retail tranche of MNT-Halan’s initial public offering (IPO) attracted orders for approximately 128.81 million shares on its third day, covering the 48 million shares available to individual investors about 2.68 times.

MNT-Halan secured credit facilities and loans granted to its subsidiaries at a combined value of EGP 31.69 billion by the end of the first half (H1) of 2026.

MNT-Halan is set to offer 320 million shares, equivalent to 20% of its total share capital of 1.6 billion shares, at an offering price of EGP 24.50 per share.

EFG Holding is preparing for the listing of three additional companies on the Egyptian Exchange (EGX) in 2026, Group CEO Karim Awad said at the EnterpriseAM Forum.

The Commercial International Bank (CIB) has entered into a cornerstone investment agreement with MNT-Halan, committing to invest up to EGP 2 billion in the international offering forming part of MNT-Halan’s planned IPO on the Egyptian Exchange (EGX).

Al Ahly Pharos and CI Capital completed three securitization issuances with a combined value exceeding EGP 4 billion in a single day for subsidiaries of MNT-Halan’s subsidiaries Halan Consumer Finance and Tasaheel for Finance.

Fintech platform MNT-Halan has completed three securitization issuances worth a combined EGP 4.0085 billion for its subsidiaries Halan Consumer Finance and Tasaheel for Finance, as per an emailed press release.

The Egyptian Exchange's (EGX) Listing Committee has approved the temporary listing of 1.6 billion shares in MNT-Halan, representing an issued capital of EGP 160 million.

MNT-Halan has applied to list 1.6 billion shares on the Egyptian Exchange (EGX) main market, with issued capital totaling EGP 160 million.

Egypt-based fintech MNT-Halan is planning an initial public offering (IPO) on the Egyptian Exchange (EGX) as early as this year.

Al Ahly Pharos Investment Banking concluded its role as financial advisor to MNT-Halan on its latest capital-raising round, which raised the fintech firm's valuation to $1.4 billion.

Al Ahly Capital, the investment arm of the National Bank of Egypt (NBE), has led the first closing of an investment round in Egypt-based fintech company MNT-Halan, following the completion of all required regulatory approvals.

Halan AZ Real Estate Investment Fund has closed the inaugural tranche of its diversified real estate investment trust (REIT), marking its first investment in hospitality assets through a partnership with Brassbell Hospitality Group.

The Financial Regulatory Authority (FRA) approved Azimut Investments-Egypt’s request to establish the first digital platform for investing in real estate investment trust (REIT) units, according to a statement.

MNT-Halan’s business lending vertical has successfully concluded a landmark EGP 2.5 billion corporate bond issuance

MNT-Halan, the leading Egyptian fintech company, has entered the UAE market as part of its expansion across the region.

Egypt-based MNT-Halan’s funding portfolio is expected to surpass $1 billion by the end of 2024.

Egypt-based MNT-Halan has acquired Tam Finans, a Turkish commercial finance firm with a loan book exceeding $300 million, from Actera Group and the European Bank for Reconstruction and Development (EBRD).