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Financial details and a timeframe for the acquisition have not been disclosed. Watch the Zawya video here:
VIDEO: Dubai-based eyewear firm Magrabi Retail to acquire 51% stake in Egypt’s Baraka Optics
Eyewear company Magrabi Retail is planning to acquire a 51% stake in Baraka Optics Group, one of the largest optical chains in Egypt
May 19, 2026
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