Sunday 28/December/2025 – 01:15 PM
Catalyst Partners Middle East’s share price rose 20% during the first two hours of trading On the Egyptian Stock Exchange Today, Sunday, recording 12 pounds per share, a few hours after the bell rang to celebrate the start of trading in the company’s shares, which is the first special purpose acquisition company (SPAC) to be registered in Egypt.
The opening of the Catalyst Partners stock trading session on the stock exchange
Today, Sunday, Catalyst Partners Middle East organized a press conference as part of its bell ringing event. stock market Celebrating the start of trading in Catalyst Partners Middle East (CPME) shares – the first special purpose acquisition company (SPAC) in Egypt, as well as the first company to be listed on the Egyptian Stock Exchange for this purpose.
Dr. Islam Azzam, Chairman of the Board of Directors of the Egyptian Stock Exchange, opened the trading session, in the presence of Mohamed Sabry, Vice Chairman of the Egyptian Stock Exchange, Mahmoud Jibril, Assistant Chairman of the Financial Regulatory Authority, Maged Shawky, Chairman of the Board of Directors of the company, and Tariq Effat, Managing Director of the company, in addition to a number of leaders of the Egyptian Stock Exchange and Catalyst Partners Middle East (CPME).
Dr. Islam Azzam stressed that the launch of Catalyst Partners Middle East (CPME) as the first special purpose acquisition company (SPAC) in Egypt is considered a positive step for the stock market in accordance with the rules issued by the Financial Regulatory Authority, while maintaining the same level of governance and transparency. It also comes within the framework of the pivotal role that the Egyptian Stock Exchange plays in supporting companies for growth and expansion and providing non-traditional financing alternatives that keep pace with international best practices.
The start of trading in Catalyst Partners Middle East’s shares comes after it acquired both Catalyst Partners Holding Company, which operates in the field of non-banking financial services (NBFI), and the emerging company, Qardy, which operates in the field of financial digitization, FINTECH, and is dedicated to facilitating borrowing operations for medium and small companies through various financial institutions.
