Zahraa El Maadi Investment and Development Company SAE (CASE:ZMID) agreed to acquire 20% stake in Al-Nasr for Real Estate from Heliopolis Co. for Housing & Development (CASE:HELI) for LE 48 million on December 31, 2018. Zahraa El Maadi Investment and Development Company SAE's Board of Director has approved the acquisition. As on January 14, 2019, Heliopolis Co. for Housing & Developments Board of directors approved the acquisition.

Zahraa El Maadi Investment and Development Company SAE (CASE:ZMID) cancelled the acquisition of Al Nasr For Real Estate Development Company on December 31, 2019.