03 Sep 2024 --- Gulf Capital, a private equity firm based in the Gulf Cooperation Council (GCC) region, has sold its stake in Egypt-listed Middle East Glass (MEG) to the majority shareholder of the business, MENA Glass Holdings. This sale has reportedly positioned MEG as the largest glass packaging manufacturer in the Middle East and the second largest in Africa.MEG serves a variety of industries including F&B and pharmaceuticals. It is said to be a key player in the global market, emerging as one of the top five exporters in Egypt.
