Qalaa Holdings (CCAP.CA on the Egyptian Exchange), an African leader in energy and infrastructure, announced today that its subsidiary MENA Glass Ltd. has reached financial close on the sale of the entirety of its stake in Misr Glass Manufacturing Company (MGM), a leading regional producer and exporter of glass containers, to Middle East Glass Manufacturing Company, and the entirety of its stake in United Glass Company (UGC), at a combined equity value for 100% of both MGM and UGC of c. EGP 828 million.