Mubadala backs $50mln funding for Egypt’s Breadfast
The UAE’s Mubadala Investment Company has invested in Cairo-based Breadfast, a fresh bread and grocery delivery startup, ahead of a global initial public offering (IPO)
A total of 22.2723% of the total issued shares has been offloaded to Emirates Power Investment, making Dubai Holding group the largest shareholder in the company, the Burj Khalifa developer confirmed on Monday.