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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
FRA approves establishment of Egypt's 1st SPAC venture capital firm

The Financial Regulatory Authority (FRA) has approved the establishment of Catalyst Partners Middle East (CPME), Egypt’s first special purpose acquisition (SPAC) venture capital company, with an initial capital of EGP 10 million, according to a statement from the FRA.

Updated 9/25/2024 12:27:00 PM