Mohamed Shalaby, Amr Ibrahim Aboul Oyoun and others made a mandatory tender offer to acquire the 76.1% stake in Assiut Islamic Trading Co. (CASE:AITG) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB), its subsidiary El Kahera El Watania Investment (CASE:KWIN) and others for approximately EGP 140 million on February 23, 2021. The retail investors offered to acquire at least 51% stake of Assiut Islamic Trading Co., at EGP 28.5 per share, topping their stake to 100%. The MTO was carried out on 4.8 million shares at a total value of EGP 139.3 million. The Egyptian Financial Regulatory Authority (FRA) approved the publication of the mandatory tender offer (MTO).

Mohamed Shalaby, Amr Ibrahim Aboul Oyoun and others acquired an additional 73.1% stake in Assiut Islamic Trading Co. (CASE:AITG) from Abu Dhabi Islamic Bank - Egypt S.A.E. (CASE:ADIB), its subsidiary El Kahera El Watania Investment (CASE:KWIN) and others on March 30, 2021.