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EGX halts trading on National Real Estate Bank

EGX halts trading on National Real Estate Bank
The Egyptian Exchange (EGX) decided today to suspend trading on National Real Estate Bank for Development (NRPD) and cancelled all transactions carried out on Thursday and executed today morning.
The bourse said its inquiries are as regards the offer made by Arab Co. for Trade, Industrial and Tourism Development for a land plot on Ismailia Road.
EGX securities listing committee imposed on Wednesday a EGP 50 thousand fine on NRPD for violating provisions of article No. 34 of listing rules.