Arab Finance: A block-trading transaction has been executed on 15.501 million shares of Orascom Development Egypt for EGP 155.013 million, the Egyptian Exchange (EGX) announced on September 25th.
ODE, the largest subsidiary of Orascom Development Holding (ODH), is a developer of resort towns, residential units, hotels, and recreational facilities such as golf courses, town centers, and marinas, in addition to supporting infrastructures, such as hospitals, schools, and utilities.