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Abu Dhabi’s Aghthia Group now owns 80% of Abu Auf
The financial terms of the transaction were not disclosed
Agthia wants to boost its exports out of Egypt. PLUS: News from TE, Vodafone, Huawei
Agthia’s exports from Egypt hit AED 24 mn in the first quarter of the year
Al Ahly Sabbour wants in on Ras El Hekam. PLUS: Infrastructure, telecoms, diplo, manufacturing news
The real estate developer wants to purchase 1k feddans in the North Coast project
B Investments granted more time to submit MTO for OFH. PLUS: Agthia ups stake in Abu Auf, Basata acquires Jordanian fintech stake
B Investments wants to submit an MTO for up to 90% of Orascom Financial Holding
Agthia no longer interested in acquiring military-owned bottled water firm Safi -local media
A source familiar with the matter told us in May that the ADQ-owned company was among those interested in acquiring…
Telecom Egypt sale wraps
The sale was more than 3x oversubscribed
Agthia wants to make Egypt into an export hub. PLUS: news from the Suez Canal, SEII, Agility and telecoms
Agthia acquired a majority stake in Auf Group last year
ADQ’s Agthia now owns 60% of Auf Group
UAE’s Agthia is now the majority owner of Abu Auf: Emirati food and beverage major Agthia has completed its acquisition…
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