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bahrainnews - منذ 3 أشهر

EDC invests in Mwasalat Holding, solidifying its position as UAE mobility champion

ABU DHABI, 7th July 2025 (WAM) -- Emirates Driving Company (EDC), a subsidiary of Multiply Group PJSC, has agreed to acquire a 22.5% stake in Mwasalat Holdings LLC, with the option to increase its shareholding to 50.6%, subject to completion of certain conditions and relevant regulatory approvals. This strategic investment marks a major milestone in EDC s long-term growth strategy, reinforcing its position as a


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invests

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Mwasalat

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Holding

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solidifying

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position

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mobility

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champion

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