October 2003 – Merger of Nile Group under MEDAF Investment Holding

As part of its strategy for expansion and integration across diversified investments, Nile Group officially announced its merger with MEDAF Investment Holding in October 2003 — a move widely regarded as one of the most significant economic alliances in the region.
The merger aimed to unify expertise and resources across vital sectors including infrastructure, energy, water, mining, and telecommunications.
This strategic step marked a turning point for Nile Group, enabling it to leverage MEDAF’s extensive network across the Middle East and Africa to expand its presence and diversify its operations.
Since then, Nile Group has become one of MEDAF’s key operational arms, contributing to the execution of large-scale sustainable development projects with a strong commitment to quality and good governance.