Bahrain GFH Group is exploring several investment opportunities in Egypt, one of which it aims to complete by early next year.
The group has set a preliminary investment target of $500 million, which it plans to inject into the Egyptian market through investment arms in the healthcare, education and logistics sectors, according to documents seen by the people.
The group’s education investment arm, Britas, has appointed a financial advisor in Egypt to support the acquisition of pre-university education institutions, sources said. The group is also in preliminary discussions with one of Egypt’s professional education investment platforms owned by major financial institutions and sovereign bodies to explore cooperation and co-investment opportunities. This group may join the core of that platform at a later stage.
Officials revealed that GFH Partners, the group’s logistics investment arm, is exploring opportunities in Egypt’s smart transportation sector, with the group making its first investment in Egypt’s health and transportation sector in 2024. did.
GFH Capital CEO Raj Al Murabati said on the sidelines of the 7th Future Investment Initiative Conference held in Riyadh last week that his company is interested in Egypt’s healthcare, logistics and education sectors. He said there was.
Last Thursday, the company announced to the Bahrain Stock Exchange that it would begin a due diligence process on Egyptian educational institutions, without providing details.
According to the group’s website, the company currently manages up to $17.6 billion worth of assets, operates in asset management, real estate, education, healthcare and technology, and generates revenue through investments in various countries. with a focus on sustainability and sustainability.
The Group’s shares are listed on four financial markets in the GCC countries: Bahrain Stock Exchange, Kuwait Stock Exchange, Dubai Financial Market and Abu Dhabi Stock Exchange.