DP World
DP World’s subsidiary, Unifeeder, has acquired a majority stake of 77% in Feedertech Group.
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Industrial Engineering Company for Construction and Development
Industrial Engineering Company for Construction and Development has acquired 74.99% of Sun Infinite Energy’s capital at a value of EGP 11.24 million.
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Al Babtain Power and Telecommunication Company
Al Babtain Power and Telecommunication Company announced that its subsidiary in Egypt, Al Babtain Power and Telecom Egypt, has received a letter of intent from the Saudi Egyptian Industrial Investment Company to acquire a stack in the company.
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Dnata
Dnata has announced an agreement to purchase the remaining 50 % of its UK inflight catering joint-venture, Alpha LSG, from the LSG Group.
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Engineering Industries Company
Engineering Industries Company announced acquiring 74.998% of Sun Infinite East Company’s share capital, amounting to EGP 11.249 million.
