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Alinma Investment cuts stake in El-Ebour Real Estate

Alinma Investment cuts stake in El-Ebour Real Estate
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Cairo - Mubasher: Alinma Investment Co has cut its stake in El-Ebour Co. for Real Estate Investment to 13.06% from 20.92% for a total value of EGP 16.36 million.

Alinma has sold 1.38 million of its shares in El-Ebour Real Estate at a share price averaging EGP 11.80, according to a stock exchange statement on Thursday.

Mubasher Trade acted as a broker in the transaction.