Cairo – Mubasher: The Egyptian Exchange (EGX) announced two block trading deals valued at EGP 170.88 million on the shares of Abu Dhabi Islamic Bank-Egypt (ADIB Egypt).

The first transaction was carried out on 9.60 million of the lender’s shares at a value of EGP 155.32 million, according to a bourse statement on Thursday.

Valued at EGP 15.55 million, the second deal was executed on 2.40 million shares.

In the first nine months (9M) of 2022, ADIB Egypt reported consolidated net profits worth EGP 1.58 billion, higher than EGP 1.06 billion in 9M-21.