• Go Bus plans to sell a non-controlling stake to a foreign strategic investor with transport expertise.
• The deal is targeted for H2 2026 and may involve a capital increase or secondary share sale.
• Saudi expansion and fleet growth remain central as the company prepares for possible IPO talks.

Go Bus

Egyptian transportation group Go Bus is preparing to bring in a foreign investor as it accelerates regional expansion and internal restructuring. The company is seeking to sell a non-controlling minority stake to an investor with experience in the transport sector.

In a statement to Asharq Business, Sameh Atallah, CEO and Managing Director of Go Bus, stated that several Arab and foreign entities have expressed interest in investing in the company. Furthermore, he notes that the company is targeting execution in the second half of 2026.  The stake sale’s structure could be either through a purchase from existing shareholders or a capital increase.

The transportation company appointed EFG Hermes as financial advisor to the transaction. Additionally, it appointed KPMG as an independent financial advisor as part of a broader restructuring plan and transition into an institutional entity.

Founded in 1998, Go Bus is an Egyptian joint-stock company operating in passenger transportation. The group runs several brands covering intercity travel, minibuses, limousine services, and freight transport. In 2025, it also launched a dedicated B2B transport service targeting corporate clients. These brands go by the names Go Bus, Go Mini, Go Limo, Go Express for freight transport, as well as Go Bus B2B. 

IPO and Expansion

The CEO also discloses the potential of exploring a possible IPO on the Egyptian Exchange (EGX) as an option. However, the company’s current priority remains to bring in an investor with operational expertise in the transport sector.

Fleet expansion is a key pillar of the company’s growth strategy. In September, Go Bus secured around USD 12.3 million (EUR 10.6M) in financing from the European Bank for Reconstruction and Development, supported by the European Union. The funding is being used to renew the fleet and support expansion plans. 

The investment includes the purchase of up to thirty new buses, along with six electric small buses for short routes. Additionally, it aims to acquire three other electric vehicles for intra-city trips.

Looking Ahead

In terms of international expansion, Saudi Arabia represents the group’s most ambitious growth market. Go Bus entered the kingdom in Q2 2025 and currently operates around 60 large buses. The company plans to add 100 buses each year, targeting scale parity with its Egypt operations within three years.

In Egypt, the company operates around 400 vehicles, including roughly 240 large buses. Moreover, it is targeting fleet growth of at least 20% over the coming year.