Cairo - Mubasher: Mubasher International Trade for Securities said that Al Nessim Company has increased its stake in National Real Estate Bank for Development (NRPD) from 14.22% to 15.37%.
The company said in a statement to the Egyptian Exchange (EGX) on Sunday that the client bought 60,000 shares with a total value of EGP 582,030, at a price of EGP 9.7 per share.
NRPD’s annual profits declined by 96% last year, as profits totalled EGP 125,000 in 2016 down from EGP 3.2 million in 2015.
