‎Batterjee Group plans to double investments in Saudi, mulls Nomu IPO of subsidiaries: Chairman

‎Batterjee Group plans to double investments in Saudi, mulls Nomu IPO of subsidiaries: Chairman ‎Batterjee Group plans to double investments in Saudi, mulls Nomu IPO of subsidiaries: Chairman

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The Kingdom of Saudi Arabia’s flag

Batterjee Holding Group plans to ramp up its investments in Saudi Arabia from $150 million (SAR 563 million) to $300 million (SAR 1.13 billion) during 2025, said Chairman Mazen Batterjee.

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In an interview with Asharq Bloomberg TV on the sidelines of the Egyptian-Saudi Business Forum in Cairo today, April 13, Batterjee revealed that his company is considering the listing of some of its subsidiaries on the Nomu-Parallel Market.

The group’s revenues from its operations in the Egyptian market currently represent 15% of total revenues, said Batterjee, expecting this figure to rise to 20% in less than a year.

The top executive also revealed that the group has earmarked $200 million in investments in the Egyptian real estate and industrial sectors, including pharmaceuticals, foods, building materials and plastics.

 

The Kingdom of Saudi Arabia’s flag

Batterjee Holding Group plans to ramp up its investments in Saudi Arabia from $150 million (SAR 563 million) to $300 million (SAR 1.13 billion) during 2025, said Chairman Mazen Batterjee.

In an interview with Asharq Bloomberg TV on the sidelines of the Egyptian-Saudi Business Forum in Cairo today, April 13, Batterjee revealed that his company is considering the listing of some of its subsidiaries on the Nomu-Parallel Market.

The group’s revenues from its operations in the Egyptian market currently represent 15% of total revenues, said Batterjee, expecting this figure to rise to 20% in less than a year.

The top executive also revealed that the group has earmarked $200 million in investments in the Egyptian real estate and industrial sectors, including pharmaceuticals, foods, building materials and plastics.

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