Saudi-Egyptian investment firm Edafa Venture has acquired Egyptian waste recycling startup Cyclex in a six-figure deal completed in the second half of 2025.
Updated 6/14/2026 9:26:00 AM
The National Service Projects Organization (NSPO) signed an agreement with Taqa Arabia to transfer ownership of a stake in 172 fuel stations operating under the Wataniya Petroleum Company's brand and place their management and operation under a newly established company, Quick Fuel for Trading and Distribution of Petroleum Products.
Updated 6/11/2026 3:10:00 PM
The board members of Beltone Financial Holding appointed Forvis Mazars as an independent financial advisor to conduct a fair value study on its acquisition of Lumen Aegis Enterprises.
Updated 6/1/2026 8:37:00 AM
GrowthLabs has acquired Startup Gate in a deal nearing EGP 35 million, as the company expands its digital infrastructure offerings for startups and entrepreneurship ecosystems across the region.
Updated 5/18/2026 12:00:00 PM
Elsewedy Cement has increased its stake in Qalaa Holdings to 8.73%, up from 4.97%.
Updated 11/26/2025 9:33:00 AM
Catalyst Partners Middle East, the first licensed special purpose acquisition company (SPAC) in Egypt, has secured shareholder approval to acquire Qardy for Digital Applications and Catalyst Partners Holding in a share swap deal valued at EGP 2.8 billion.
Updated 7/8/2025 2:07:00 AM
Emirati food and beverage leader Agthia Group has raised its ownership in Egypt’s healthy snacks and coffee company Abu Auf to 80% after acquiring an additional 10% stake.
Updated 2/20/2025 8:10:00 AM
Egyptian for Developing Building Materials (Lift Slab Misr) has signed a purchase agreement to acquire the Stella Di Mare 2 project from Remco for Tourism Villages Construction.
Updated 1/5/2025 10:19:00 AMThe Saudi Egyptian Industrial Investment (SEII) is considering acquiring minority stakes in several companies during 2025.
Updated 12/10/2024 8:25:00 AM
Egyptian Kuwaiti Holding (EKH) has received two offers to fully acquire its 63.39%-owned Delta Insurance (DEIN).
Updated 12/9/2024 2:13:00 AM
Egypt Post purchased EGP 8.9 billion worth of shares in seven companies listed on the Egyptian Exchange (EGX) from the National Investment Bank (NIB).
Updated 12/8/2024 3:20:00 AM
The non-executive and independent members of Orascom Investment Holding’s (OIH) board have approved in principle the acquisition of Misr for Entertainment Investments.
Updated 11/19/2024 1:56:00 AM
Beltone Venture Capital, a subsidiary of Beltone Holding, has made its first international investment by acquiring a strategic equity stake in VelyVelo, a French e-bike rental company.
Updated 9/30/2024 8:37:00 AM
The Sovereign Fund of Egypt (TSFE), via its health-focused sub-fund, has acquired around 20% of Care Pharmacies for EGP 75 million, in cooperation with EZ International.
Updated 6/10/2024 7:17:00 AM
Egypt has received seven international and local offers to acquire the state-run fuel retailer Wataniya, Minister of Planning and Economic Development Hala Elsaid said.
Updated 5/22/2024 12:51:00 PM
CIRA Education’s board has given its nod to Social Impact Capital and the Saudi Egyptian Investment and Finance (SEIG) to conduct due diligence on the company.
Updated 5/13/2024 11:32:00 AM
Social Impact Capital has received a letter from the Saudi Egyptian Investment and Finance (SEIG), with the latter expressing intention to submit a mandatory tender offer (MTO) for purchasing a 75% to 100% stake in CIRA Education at EGP 14 per share.
Updated 5/7/2024 11:57:00 AM
The United Bank of Egypt is planning to acquire from 20% to 30% stake in two technology firms in the coming few months.
Updated 2/21/2024 10:19:00 AM
Egypt’s National Legal Services Authority has about 24% stake in three steel companies affiliated with the Beshay Steel Group in deals worth EGP 10 billion, Asharq Business reporte on September 12th, citing two unnamed sources familiar with the matter.
Updated 9/12/2023 10:41:00 AM
Taqa Arabia has submitted a non-binding purchase offer to acquire a stake in Wataniya Petroleum.
Updated 8/30/2023 7:26:00 AM