ADQ, ADNEC Group sign definitive agreements to acquire 40.5% stake in TMG Holding’s hospitality business in Egypt

ADQ, an Abu Dhabi-based investment and holding company, and ADNEC Group 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 hospitality arm, ICON Group through a capital increase. ADQ and ADNEC wil