This potential purchase is part of Egypt's ongoing efforts to privatize state-owned assets, a program that has faced delays, according to regional media reports.
The Auf family will continue to steer the company’s operations, ensuring that innovation, operational excellence, and flexibility remain key components of its ongoing success.
The acquisition will integrate Hatla2ee’s platform into Dubizzle’s existing operations in Egypt, which already encompass Dubizzle and Bayut.
According to the bank’s website, the Suez Canal Authority Pension Fund already owns a 10.10% stake in the bank.
Safina will be rebranded as Noatum Maritime Egypt and integrated into Noatum’s extensive international network, providing it with greater access to diverse industries and new customers
