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ADQ And ADNEC Group Enter Into Definitive Agreements To Acquire A 40 5 Percent Stake In TMG Holding s Hospitality Business In Egypt

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Al iskandariyahSharm el sheikhJanub sinaMarsa alamAl bar ala marAl qahirahHumaid matar al dhaheriOmar khayyam zamalekHisham talaat moustafaSteigenberger hotel el tahrir cairoTalaat moustafa group holdingKempinski nile hotel cairoAmoun pharmaceutical companySteigenberger cecil hotel alexandriaAbu dhabi basedEgypt based talaat moustafa group holding

ADQ and ADNEC Group enter into definitive agreements to acquire a 40 5 percent stake in TMG Holding s hospitality business in Egypt

DQ, an Abu Dhabi-based investment and holding company, and ADNEC Group (“ADNEC”) today announced the signing of definitive agreements for the strategic acquisition of a 40.5 percent stake in Egypt-based Talaat Moustafa Group Holding’s (“TMG Holding”) hospitality arm, ICON Group (“ICON”) through a capital increase. ADQ and ADNEC will invest through a special purpose vehicle, with 49 percent equity ownership by ADQ and 51 percent equity ownership by ADNEC.

Marsa alamAl bar ala marSharm el sheikhJanub sinaAl qahirahAl iskandariyahHumaid matar al dhaheriOmar khayyam zamalekHisham talaat moustafaAmoun pharmaceutical companyTalaat moustafa group holdingSteigenberger hotel el tahrir cairoSteigenberger cecil hotel alexandriaKempinski nile hotel cairoEgyptian governmentAbu dhabi based

International Business: ADQ and ADNEC acquire stake in Egypt firm

International Business: ADQ and ADNEC acquire stake in Egypt firm
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Al iskandariyahMarsa alamAl bar ala marSharm el sheikhJanub sinaAl qahirahOmar khayyam zamalekSteigenberger hotel el tahrir cairoKempinski nile hotel cairoEmirates news agencySteigenberger cecil hotel alexandriaTalaat moustafa group holdingAmoun pharmaceutical companyAbu dhabi basedEgypt based talaat moustafa group holdingFour seasons cairo

ADQ, ADNEC Group Sign Definitive Agreements To Acquire 40 5 Percent Stake In TMG Holding s Hospitality Business In Egypt #AbuDhabi

ADQ, ADNEC Group Sign Definitive Agreements To Acquire 40.5 Percent Stake In TMG Holding’s Hospitality Business In Egypt, News, Abu Dhabi City Guide

Al iskandariyahUnited arab emiratesAl qahirahMarsa alamAl bar ala marSharm el sheikhJanub sinaOmar khayyam zamalekHisham talaat moustafaHumaid matar al dhaheriKempinski nile hotel cairoGroup sign definitive agreements toAmoun pharmaceutical companyHolding hospitality businessTalaat moustafa group holdingSteigenberger hotel el tahrir cairo

ADQ and Adnec to acquire a 40 5% stake in Egypt-based hospitality firm

Group owns Four Seasons Cairo, Kempinski Nile Hotel Cairo, Four Seasons Sharm El Sheikh

Al iskandariyahAl qahirahMarsa alamAl bar ala marSharm el sheikhJanub sinaOmar khayyam zamalekHumaid matar al dhaheriHisham talaat moustafaMohamed hassan alsuwaidiAbu dhabiSteigenberger hotel el tahrir cairoKempinski nile hotel cairoVicon groupSteigenberger cecil hotel alexandriaAdnec group