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Acquisitions 2024

Al Ahly Capital finalizes procedures for 51% stake of Easy Lease

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

UAE’s Agthia increases its stake in Abu Group to 70%

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 acquire 40.5% of TMG’s hospitality arm for ownership in Egypt’s historic hotels

ADQ and ADNEC will invest through a special purpose vehicle, with 49% equity ownership by ADQ and 51% by ADNEC