Matouk Bassiouny & Hennawy is pleased to have advised MNT Tech Holding for Financial Investments (“MNT-Halan”) and its principal shareholder, MNT Investments B.V., on two strategic investment agreements with Commercial International Bank – Egypt (“CIB”) and RWC Asset Management in connection with MNT-Halan’s proposed offering and listing on the Egyptian Exchange (“EGX”).
Under the first agreement, CIB has committed to subscribe for shares in the international offering tranche, with a total investment of up to EGP 2 billion. Under the second agreement, RWC Asset Management has agreed to purchase 42,800,000 shares in the private placement tranche at the offering price, either directly or through a wholly owned subsidiary or an entity it manages. Both agreements remain subject to customary conditions, including the offering not being cancelled.
The agreements follow the Financial Regulatory Authority’s approval of MNT-Halan’s offering prospectus on 5 October 2026. The offering comprises 320 million shares, representing 20% of MNT-Halan’s issued share capital, to be sold by MNT Investments B.V., and is expected to rank among the largest offerings on the EGX in recent years.
Commenting on the transaction, Tamer El Hennawy, Partner and Co-Head of Capital Markets and Corporate M&A at Matouk Bassiouny & Hennawy, said; “We are pleased to have advised MNT-Halan and MNT Investments on these strategic investment agreements as the company moves towards its proposed offering and listing on the EGX. The transaction reflects the continued development of Egypt’s capital markets and the growing investor interest in leading technology and financial services businesses.”
MNT-Halan is Egypt’s first fintech unicorn and one of the country’s largest non-bank lenders, providing digital lending, payments and e-commerce services to unbanked and underbanked customers.
Matouk Bassiouny & Hennawy acted as Egyptian counsel to MNT-Halan and MNT Investments B.V. The team was led by Tamer El Hennawy, Partner and Co-Head of Capital Markets and Corporate M&A, with Samih Talaat, Partner; Ali Khairy, Associate; and Ahmed Zaghw, Junior Associate.
For more information, please contact marketing@matoukbassiouny.com.