Cairo, October 2026 – Matouk Bassiouny & Hennawy is acting as Egyptian counsel to MNT-Halan and the selling shareholder, MNT Investments B.V., on the initial public offering and listing of MNT Tech Holding for Financial Investments, the Egyptian arm of the fintech group, on the Egyptian Exchange (EGX).
The offering comprises 320 million existing shares, representing a 20% stake, in a fully secondary offering open to both institutional and retail investors. Following the offering, the parent company will subscribe to a closed capital increase of up to EGP 4 billion in new shares at the offer price. The offering is expected to complete in October 2026, subject to FRA and EGX approvals and market conditions.
Expected to be one of the largest IPOs in Egypt in recent years, the transaction marks a significant milestone for the Egyptian capital markets and for one of the country’s leading non-bank lenders, with MNT-Halan holding leading positions in Egypt’s microfinance, consumer finance and SME lending markets.
Tamer El Hennawy, Partner, Co-Head of Capital Markets and Corporate M&A “We are proud to advise MNT-Halan on this landmark offering, one of the most significant IPOs on the EGX in recent years. The transaction is a strong signal of renewed international confidence in the Egyptian market, and we are delighted to have supported a homegrown fintech champion at since inception and until such a pivotal moment in its growth.”
Mohamed AbdelFattah, Partner, Head of Capital Markets “This offering brings one of Egypt’s leading non-bank lenders to the public market and opens a new route for both local and international investors into the country’s consumer and SME finance sector. We believe it will help pave the way for the strong pipeline of listings expected on the EGX, and we are pleased to have worked alongside MNT-Halan and its advisors to deliver it.”
The Matouk Bassiouny & Hennawy team was led by Tamer El Hennawy (Partner, Co-Head of Capital Markets and Corporate M&A) and Mohamed AbdelFattah (Partner, Head of Capital Markets), with Samih Talaat (Partner) and Mohamed Galal (Counsel), supported by Clara Kolta (Senior Associate), Ali Khairy (Associate), Marwan Hatem (Associate) and Toqa Mahdy (Junior Associate).