Cairo – Mubasher: Qatar National Bank Al Ahli (QNB Al Ahli) approved a decision to sell its entire stake of 23.09% in Senouhe for Construction Material.

The sale proceeds are expected to reach EGP 2.54 million, the bank said in a bourse disclosure on Wednesday.

During the first quarter (Q1) of 2021, QNB Al Ahli recorded net profits of EGP 1.96 billion, up from EGP 1.87 billion in the corresponding period a year earlier, including minority shareholders’ rights.