Al Ahly Capital, the investment arm of the National Bank of Egypt, recently completed procedures to acquire a 51% stake in Easy Lease, a subsidiary of El Sewedy Capital
This brings its total share in the Egyptian snack and coffee company to 70% according to an Abu Dhabi Securities Exchange (ADX) disclosure
ADQ and ADNEC will invest through a special purpose vehicle, with 49% equity ownership by ADQ and 51% by ADNEC