Al Naseem lowers stake in NRPD

Cairo - Mubasher: Mubasher International Trade for Securities said that Al Naseem Company has decreased its stake in National Real Estate Bank for Development (NRPD) from 15.3% to 14.96%.

The company said in a statement to the Egyptian Exchange (EGX) on Sunday that Al Naseem sold 21,500 shares for EGP 175,170, at a share price of EGP 8.14 per share.

NRPD achieved losses of EGP 8.4 million in 2016 versus profits of EGP 3.2 million in 2015.

Mubasher Contribution Time: 09-Jul-2017 18:40 (GMT)
Mubasher Last Update Time: 09-Jul-2017 18:40 (GMT)