AD Ports subsidiary acquires Egyptian maritime services provider Safina
AD Ports acquired a 70% stake in Safina’s parent company IACC Holdings in 2022
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AD Ports acquired a 70% stake in Safina’s parent company IACC Holdings in 2022
The transaction brings Palm Holding’s stake in Incolease to 26.9%
A plan to offer a stake in the new merged entity on the EGX will also be reevaluated
Despite regional rivalry, Saudi and Emirati companies have plenty of appetite — for each other
The company last week stepped into the Turkish market
MENA Glass could pay up to USD 57.8 mn in FX
The purchase follows a USD 157.7 mn funding round
MENA Glass Holding already holds 53% of MEG
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