Egyptian Media Production City (CASE:MPRC) agreed to acquire 4.87% stake in Arabian Hospitality L.L.C from Banque Misr (S.A.E.) for EGP 10.9 million on February 23, 2020. Under the terms of the deal, Egyptian Media Production City will pay EGP 115 per share for the .09 million shares of Arabian Hospitality held by Banque Misr. The deal is subject to the board approval of Egyptian Media Production City which was approved. Egyptian Media Production City (CASE:MPRC) cancelled the acquisition 4.87% stake in Arabian Hospitality L.L.C from Banque Misr (S.A.E.) on February 23, 2021.