SOLVE HOLDING announced today its acquisition of a 40% stake in Zenda Sports Club.
· “SOLVE HOLDING aims to expand in several investment sectors in the Egyptian market.”
· “We have investment plans to enhance the company’s market value in preparation for its IPO.”
The collaboration between SOLVE HOLDING and Zenda Sports Club aims to develop various sports, support young athletes, and prepare them for Olympic competitions.
This partnership is a significant strategic step towards developing sports infrastructure, supporting Egypt’s economic growth, and creating new job opportunities in the sports sector. Additionally, this partnership contributes to providing innovative solutions that support Egypt’s economic growth.
Ehab Shalaby, Chairman of SOLVE HOLDING, stated that the company aims to expand in several investment sectors in the Egyptian market, including real estate, agricultural land reclamation, food, industry, information technology, and sports investment. This expansion is intended to enhance the company’s market value in preparation for its initial public offering (IPO) on the Egyptian stock exchange.
The Chairman of SOLVE HOLDING pointed out that the company is currently targeting the acquisition of entities through two types of investments: long-term investments by acquiring controlling shares that enable it to manage the board and undertake necessary restructuring, and short-term acquisitions.
Ehab Shalaby emphasized that the company is studying the diversity of investment sectors by seizing various investment opportunities after conducting the necessary studies. The goal is to create a robust legal entity with multiple income sources, preparing it for listing on the Egyptian stock exchange.
It is worth noting that SOLVE HOLDING is one of the leading consulting and investment companies in the Egyptian market.
SOLVE is an Egyptian joint-stock company specializing in providing consulting and investment in Egyptian stock market shares, as well as public offerings and the establishment of small and medium-sized enterprises.
The company aims to develop investment projects in several vital sectors, including real estate, agricultural land reclamation, food, industry, information technology, and sports investment. SOLVE seeks to maximize investment returns through innovative and diverse strategies focused on meeting investors’ needs and optimizing market opportunities in Egypt.
SOLVE relies on a team of experienced technical and financial experts who make intelligent and well-researched investment decisions to meet investors’ needs in various fields and ensure the best possible returns.
