FinTech & SaaS Marketing

How to Buy MNT-Halan (HALN) Shares: A Step-by-Step Guide for Investors in Egypt and Abroad

7 min read

To buy MNT-Halan shares, you need three things: an account with a brokerage firm licensed by Egypt's FRA (Financial Regulatory Authority), a unified investor code that your broker registers for you, and cash in that account. Then you search for the ticker HALN on the EGX (Egyptian Exchange) and place a buy order like any other listed stock. Residents of Egypt can do all of this online through brokerage apps, and investors in the Gulf and elsewhere can reach the market through brokers that accept non-residents.

Disclaimer: I am not affiliated with any broker named in this guide. This article explains the process only. It is not investment advice, and it is not a recommendation to buy or sell the stock.

The HALN listing in brief

MNT Tech Holding for Financial Investments, the Egyptian business of MNT-Halan, started trading on the EGX on 20 October 2026 under the ticker HALN. The IPO (Initial Public Offering) was priced at EGP 24.50 per share and sold 320 million existing shares, about 20% of the Egyptian business, raising around EGP 7.84 billion (about $150 million), according to Launch Base Africa. Reuters, as cited by Finimize, described it as Egypt's biggest IPO in at least five years.

Demand was strong. Launch Base Africa reported that the retail tranche was 43.6 times oversubscribed with more than 41,500 orders, and that the private tranche was 11.2 times covered. Finimize reported that the stock closed its first session at about EGP 26.12, up 6.6%. Prices move every trading day, so check a live quote, for example on TradingView, rather than relying on any number in an article. I covered the offer itself in more detail in MNT-Halan IPO: the key facts.

The key point for this guide: the IPO subscription window closed on 15 October. You can no longer subscribe at the IPO price. Today you buy HALN on the open market, at whatever price buyers and sellers agree on at that moment.

Step 1: Choose a licensed broker

You cannot buy shares directly from the exchange. Every order goes through a brokerage firm licensed by the FRA. Once a company is listed, its shares can be traded through EGX member brokers, so the real question is which broker fits you, not which one has the stock.

Digital apps: Thndr says in its IPO guide that it took subscriptions through Thndr Securities Brokerage in Egypt (regulated by the FRA) and Thndr Financial Ltd in ADGM (Abu Dhabi Global Market, regulated by the FSRA, the Financial Services Regulatory Authority).
Traditional brokerage houses: firms such as EFG Hermes, which was the IPO bookrunner, run brokerage arms with online platforms, research and phone dealing.
Before you sign anything: confirm the firm is licensed by the FRA, read its fee schedule, and look at its track record with the regulator.

Step 2: Open your account and get your unified code

Opening an account means proving who you are and signing two agreements: a brokerage agreement and a custody agreement. Custody is where your shares are actually held in your name. On Thndr, for example, the process is: link a mobile number in your name, confirm your date of birth, add employment details, complete a live selfie scan, photograph your ID, and add proof of address if your ID does not show it. Egyptian residents use the national ID, UAE residents the Emirates ID, Saudi residents the Saudi ID or residency card, and others a passport. Residents outside Egypt and the GCC (Gulf Cooperation Council) are also asked for a tax identification number.

Your broker then registers you with a unified code, a single investor code that identifies you in the Egyptian market. Approval time depends on the broker and on whether your file needs a manual review.

Step 3: Fund the account and place your order

Most brokers accept bank transfers and deposits, and EnterpriseAM noted that Thndr also accepts payment through Fawry. Once the money arrives, search for HALN in your app. You will usually choose between two order types:

Market order: buys at the best price available right now. It is fast, but you do not control the exact price.
Limit order: you set the maximum price you are willing to pay. It only executes at that price or better, and it may not execute at all.

The EGX trades Sunday to Thursday. According to EFG Hermes market information, continuous trading runs from 10:00 to 14:15 Cairo time, followed by a closing auction until 14:30, standard settlement is T+2 (two business days after the trade), and there are no board lots, which means there is no fixed minimum block of shares set by the exchange. Your broker may still have its own minimums.

One more detail from the offer terms published by Thndr: the IPO included a 30-day price stabilisation mechanism covering the public tranche. It is temporary by design, so do not treat it as a permanent price floor.

Fees and taxes to expect

Brokerage commission: varies widely by broker and by how much you trade. Some apps advertise zero commission on online orders, while traditional houses charge a percentage of each trade.
Stamp duty: according to Deloitte, Law No. 153 of 2026 set stamp duty on ordinary listed share trades at 0.05% on the buyer and 0.05% on the seller, with the same rate for residents and non-residents. Confirm the current rate with your broker, because tax rules in Egypt have changed several times in recent years.
Exchange, clearing and custody fees: your broker's contract note lists them on every trade.

If you live outside Egypt

Foreign investors can own up to 100% of most EGX-listed stocks, with a short list of exceptions, according to EFG Hermes. Egyptian Streets reported that Egyptians abroad do not need an Egyptian bank account to invest, and that money can be sent back to your country of residence through official banking channels.

The practical route is the same four steps: pick a broker that accepts non-residents, open the account with your passport or local ID, transfer funds, then trade in Egyptian pounds. Remember that your return in dollars, dirhams or riyals also depends on the EGP exchange rate, which can move as much as the share price. If you want the wider context of Egypt's listed tech companies, see Tech IPOs in Egypt.

FAQ

Can I still buy MNT-Halan shares at the IPO price?

No. The IPO subscription period ended on 15 October 2026, before the stock listed on 20 October. Since then, HALN trades on the open market, so you pay the current market price plus fees. If the market price happens to be near EGP 24.50, that is a market outcome, not an IPO allocation.

What is the minimum amount needed to buy HALN shares?

The EGX does not set board lots, so in principle you can buy a single share at the market price plus fees. In practice, check your broker's own minimum deposit or order size. The 100-share minimum that applied during the IPO subscription no longer matters for buying on the market.

Can foreigners and Egyptians abroad buy MNT-Halan stock?

Yes. Foreign investors can own EGX-listed shares, and brokers such as Thndr accept residents of the UAE, Saudi Arabia and other countries with a passport or local ID. You need an account with a broker that accepts non-residents, and you should factor in currency risk when moving money into and out of Egyptian pounds.

This guide is for information only and is not investment advice. If you are a founder thinking about what a public listing could mean for your own growth story, or you need senior marketing help to get there, get in touch or see how I can help.

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