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MNT-Halan Shares Rise 18% in Egypt Trading Debut After IPO

Bloomberg Technology Tuesday 20 October 2026, 07:39 UTC By Tarek El-Tablawy 1 min read
Key Points

MNT-Halan Shares Rise 18% in Egypt Trading Debut After IPO Shares of fintech unicorn MNT-Halan rose as much as 18% as they debuted on the Egyptian stock exchange on Tuesday after the country’s biggest initial public offering in dollar terms since at least 2021. The company, which provides consumer and microfinance lending and e-commerce services, had offered a 20% stake in private and public subscriptions that were heavily over-subscribed. It sought to raise around 7.84 billion Egyptian...

MNT-Halan Shares Rise 18% in Egypt Trading Debut After IPO Shares of fintech unicorn MNT-Halan rose as much as 18% as they debuted on the Egyptian stock exchange on Tuesday after the country’s biggest initial public offering in dollar terms since at least 2021. The company, which provides consumer and microfinance lending and e-commerce services, had offered a 20% stake in private and public subscriptions that were heavily over-subscribed. It sought to raise around 7.84 billion Egyptian pounds ($150 million).
MNT-Halan (ORG) Egypt (LOCATION) IPO MNT-Halan (ORG) IPO (ORG) Egyptian (ORG)
Originally published by Bloomberg Technology Read original →

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