Cairo for Investment & Real Estate Development S.A.E. (CASE:CIRA) agreed to acquire additional 20% stake in Star Light Educational DMCC on May 27, 2021. The board of directors of Cairo for Investment and Real Estate Development approved the acquisition. In a related transaction, Cairo for Investment and Real Estate Development agreed to acquire 40% stake in Global Furniture Company. The total value of these investments amounted to EGP 58.255 million.