Mena Touristic Investment
MENA
-0.47%
2.14
-0.01
MENA
CIB
COMI
0.05%
85.40
0.04
COMI
Mena Touristic and Real Estate Investment announced that it has concluded a sales agreement with Commercial International Bank -COMI for a property at smart village.
A bourse filling noted that Mena Touristic has sold the property in return for a total amount of EGP47 million ($6.2 billion).
Earlier, the company's board of directors has approved the property sale for EGP47 million.
Mena had posted EGP 2.8 million loss in the first nine months of FY14.
Source:
Mubasher