Arab Finance: The precious metals investment firm Dahab Masr is currently in talks with the fintech start-up Bokra to launch their first special purpose acquisition company (SPAC), Al Mal News reported, citing Dahab Masr.

The new SPAC will target acquisitions in the precious metals sector.

It is noteworthy that the FRA recently issued new regulations governing the listing and delisting of SPACs on the Egyptian Exchange (EGX).