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.

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.

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.

The Saudi Egyptian Industrial Investment (SEII) is considering acquiring minority stakes in several companies during 2025.

Egyptian Kuwaiti Holding (EKH) has received two offers to fully acquire its 63.39%-owned Delta Insurance (DEIN).

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).

The non-executive and independent members of Orascom Investment Holding’s (OIH) board have approved in principle the acquisition of Misr for Entertainment Investments.

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.

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.

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.

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.

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.

The United Bank of Egypt is planning to acquire from 20% to 30% stake in two technology firms in the coming few months.

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.

Taqa Arabia has submitted a non-binding purchase offer to acquire a stake in Wataniya Petroleum.

Beltone Financial Holding has denied submitting any offer to purchase a 60% stake in the e-payment firm CashCall.

Egyptian Transport and Commercial Services Company (EGYtrans) is expected to close the acquisition deal of 99.9% or 2.999 million shares of National Transport and Overseas Services Company (NOSCO) in the fourth quarter (Q4) of this year.

The Chinese electrical appliance manufacturer Midea Group is considering acquiring the Swedish appliances manufacturer Electrolux Group’s Zanussi brand and its assets in Egypt.

The state-owned National Investment Bank (NIB) and National Bank of Egypt (NBE) own 14% of Al Ezz Dekheila Steel’s shares, while Ezz Steel holds a 64% stake in the company, with the rest of the shares are being traded on in the EGX.

Saudi Egyptian Industrial Investment (SEII) is close to finalize a deal to purchase 70% of Egypt’s El Nasr Glass & Crystal (NGC).