}

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Investment Ministry, TSFE advance plans for startup-focused SPAC to finance VC investments

Minister of Investment and Foreign Trade Mohamed Farid and the Sovereign Fund of Egypt (TSFE) followed up on the procedures for establishing a special purpose acquisition company (SPAC) seeking to invest in venture capital (VC).

Updated 4/1/2026 5:45:00 AM
Catalyst Partners Middle East approves EGP 2.8B share swap deal to acquire Qardy, Catalyst Holding

Catalyst Partners Middle East, the first licensed special purpose acquisition company (SPAC) in Egypt, has secured shareholder approval to acquire Qardy for Digital Applications and Catalyst Partners Holding in a share swap deal valued at EGP 2.8 billion.

Updated 7/8/2025 2:07:00 AM
Catalyst Partners' SPAC plans EGP 1B capital increase

Catalyst Partners Middle East, the country’s first special purpose acquisition company (SPAC) listed on the Egyptian Exchange (EGX), is seeking approval for a significant capital hike through a private placement.

Updated 1/21/2025 8:09:00 AM
Dahab Masr, Bokra eye establishing SPAC

The recious metals investment firm Dahab Masr is currently in talks with the fintech start-up Bokra to launch their first special purpose acquisition company (SPAC).

Updated 8/5/2024 8:40:00 AM