Speaking of CI Capital: Tiba Group’s Saddiq Afifi says he is now looking to acquire a 10%stake in the investment bank after previously announcinghe was backing out of the transaction, Al Borsa reports. He reportedly said that he had wanted to see whether the Egyptian Financial Supervisory Authority would approve the sale, which it did earlier this month. Former Zamalek football club chairman Mamdouh Abbas and Compass Capital’s Shamel Aboulfadl have pulled out, according to sources close to the transaction. The lineup of investors will be finalized today, with the transaction set to be completed this month, the sources added.
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