Abraaj Group agreed to sell its 49% share in Network International for electronic payment solutions in the Middle East and Africa region, for the benefit of Warburg Pincus and General Atlantic. Emirates National Bank of Dubai (Emirates NBD) will retain its share in the company which amounts to 51%
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The group is establishing a local network for diagnosing and imaging tumours, aiming to turn it into regional a network
A company will be established to manage Abraaj’s educational institutions in Egypt
In an interview with Daily News Egypt, Mustafa Abdel-Wadood, a Partner at Abraaj, said the government needs to tackle the historical challenge of “dual messaging” sometimes faced by private investors.
Abraaj Capital Group is monitoring new direct investment opportunities to acquire companies in different sectors, counting on political stability
Abraaj Group announced its submission of a mandatory tender offer for Cairo Medical Center and a stake in Cairo Investment and Real Estate Development
Riyadh-based Kudu, which operates more than 200 restaurants in the kingdom, is owned by four individual shareholders, including chairman and chief executive Abdulmohsen Bin Abdulaziz Al Yahya