Arab Finance: Pico Investments has raised its stake in El Ahli Investment and Development to 15.05% from 14.66%, according to an EGX disclosure on February 20th.
Pico Investments purchased 45,000 shares for a total value of EGP 785,250 or an average price of EGP 17.45 per share.
Cairo Capital Securities was the bookrunner of the transaction.