Zilla Capital’s $2B M&A Push: Expansion in Egypt, UAE & Saudi Arabia

Moustafa El-Shenety, Zilla Capital CEO and Head of Investment Banking

Zilla Capital, an investment bank, continues to expand its advisory services in the Egyptian market while also focusing on growth in the UAE and Saudi Arabia. The company is strengthening its activities in investment banking, portfolio management, and non-banking financial services.

Moustafa El-Shenety, the CEO and Head of Investment Banking at Zilla Capital, revealed that the company has managed about 20 mergers and acquisitions (M&A) deals in key sectors, including 4 deals in the Gulf and 16 deals in Egypt, with a total value reaching $2 billion. He also mentioned plans to increase assets under management in Egypt to 3 billion EGP and to $100 million in Saudi Arabia by the end of 2025.

El-Shenety added that the company is currently studying the IPO of two companies in Egypt, focusing on logistics, industry, and building materials. Additionally, Zilla Capital is managing three diverse deals, including securitization bonds, sukuk issuance, and loan arrangements for two companies in the real estate sector and one in the tourism sector.

Regarding the investment climate, El-Shenety discussed the factors affecting foreign direct investment (FDI) flows, with optimistic projections for the performance of the Egyptian stock exchange in 2025, especially with the continuation of the government IPO program. He emphasized the need for accelerating the implementation of the economic reform program and maintaining a flexible exchange rate based on supply and demand, alongside ensuring a clear tax policy for at least the next ten years.

Source: EntArabi