Vezeeta Reaches Profitability Milestone and Closes a New Growth Capital Funding Round, led by Gulf Capital with Participation from VNV Global

• The new funding comes after Vezeeta reached its profitability milestone and is set to accelerate Vezeeta’s organic growth as well as fund acquisitions and expansions across MEA.

• Despite the current global and regional economic challenges, Vezeeta remains well positioned with over 10 million patients across 80 cities and continues to unlock value for all its stakeholders

• With its latest backing of Vezeeta, Gulf Capital, an Abu Dhabi-based private equity firm which has invested in a large number of Egyptian companies, reinforces its confidence in the Egyptian economy and its consumer and healthcare landscape, backed by the strong, stable, and distinguished ties between Egypt and the UAE.