Arab Energy Fund plans to submit a non-binding offer for 20% of Maridive

· Egyptian market news · ARAB

Arab Energy Fund plans to submit a non-binding offer for 20% of Maridive

The Arab Energy Fund wants a fifth of Maridive. Maridive & Oil Services a bourse disclosure (pdf)

The clock, if the board says yes:

The bid comes as Maridive’s numbers move the right way. financial disclosure

About the target company

Founded in Port Said in 1978, Maridive claims to be the largest offshore marine and oil-support services company in Egypt its website

ICYMI- begin in 1Q 2028

Maridive is one of only eight EGX-listed names that trade in USD set to grow

Original source: enterpriseam.com

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