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Catalyst Partners Middle East Net Profit Surges 126% to EGP 42.7M in Q1 2026 Following Strategic Pivot

Monday 11 May 2026 17:06
Catalyst Partners Middle East Net Profit Surges 126% to EGP 42.7M in Q1 2026 Following Strategic Pivot

 Catalyst Partners Middle East (CPME) has reported a stellar financial performance for the first quarter of 2026, marking its successful transition from a Special Purpose Acquisition Company (SPAC) into a fully operational investment platform. The Group’s net profit after tax skyrocketed by 126% to reach EGP 42.7 million, compared to EGP 18.9 million in the previous quarter. Consolidated revenues also saw a significant boost, climbing 36% to EGP 124.5 million, driven by the robust performance of its non-banking financial institution (NBFI) verticals.

The results follow the landmark acquisition of Catalyst Partners Holding and the fintech platform Qardy, which have become central to CPME's mission of scaling technology-enabled financing solutions. With total assets now standing at EGP 3.9 billion and total equity at EGP 3.0 billion, the Group is well-positioned to capitalize on Egypt’s growing demand for SME financing and asset management. Group CFO Ibrahim El-Zeiny stated that the Q1 results reflect the successful integration of newly acquired subsidiaries and a disciplined approach to capital allocation in a high-growth market.