Cairo – Mubasher: An investor has raised his stake in Al Fanar Contracting to 10.27%, said a bourse filling.

The investor has bought 26,600 stocks in Al Fanar for EGP 30,400 at EGP 1.14 per stock.

The company is capitalized at EGP 8 million distributed across 8 million shares at EGP 1 par value each.