Looks like more than Egypt’s beaches are sparking interest this season. Abu Dhabi’s state holding company, The Abu Dhabi Developmental Holding Company (ADQ), has acquired shares of five Egyptian companies. The total $1.8b investment purchased stakes in five publicly traded Egyptian companies.

Companies included Egypt’s largest private bank, the Commercial International Bank (CIB), the state-owned Alexandria Container and Cargo Handling Company, e-payment platform Fawry, Abu Qir Fertilizers, and Misr Fertilizers Production Company.