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Magrabi Retail acquires 51% stake in Egyptian retailer Baraka Optics Group
The transaction will bring together two of the country’s biggest eyewear family businesses under a single corporate umbrella, with roughly…
PickAlbatros files for Mövenpick Casablanca, its second Casablanca hotel buy in a month
The hospitality group has filed to acquire the 184-key hotel’s commercial and real estate assets from Casablanca-listed insurer Sanlam Morocco
Andalusia Health gets a booster shot from Banque Misr
Plus: PickAlbatros revealed as buyer of EGP 3.8 bn Sahl Hasheesh asset
Beltone VC and Citadel exit Bosta at 75% IRR via joint fund
Beltone VC has booked five exits since its 2023 launch
Trafigura takes minority stake in Egyptalum smelter expansion
The expansion will carry an investment ticket of USD 750-900 mn and doubles the Naga Hammadi complex’s capacity
SPE Capital, Amethis, EBRD line up exit from GlobalCorp
GlobalCorp is exit-ready for the second time in under five years
A15 sells Viral Wave to Reservoir partner PopArabia
Plus: AI-native books platform Sinai.ai raises EGP 75 mn in a pre-seed round
Hassan Allam Holding expands water portfolio with MetiPro acquisition
The move aims to establish an integrated platform for wastewater projects in the region.
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