Al Fanar Construction 5.95 9.98 %

Prime Holding 1.8 8.43 %

Alexandria National for Financial Investment 92.51 7.58 %

Al Khair River For Development Agricultural Investment&Envir 0.669 6.02 %

Telecom Egypt 68.72 5.32 %

Egyptian Gulf Bank 0.336 5 %

Marsa Marsa Alam 3.06 4.79 %

Tanmiya for Real Estate Investment 5.08 4.74 %

El Badr Investment and Development-BID 1.24 4.2 %

Suez Canal Bank 38.48 3.58 %

Abu Dhabi Islamic Bank 29.77 3.58 %

EFG Hermes 25.61 3.56 %

Abu Qir Fertilizers 52.23 3.43 %

Vertika 4.35 3.33 %

Juhayna 26.86 3.31 %

Arab Moltaqa Investments 4.86 3.18 %

Alexandria New Medical Center 56.28 3.15 %

Barbary Investment Group 0.177 2.91 %

SODIC 18.21 2.82 %

Unipack 0.308 2.67 %

Orascom Investment Holding 1.17 2.63 %

International Business Corp 11.5 2.4 %

Nile Pharmaceuticals 101.96 2.32 %

Lotus For Agricultural Investments And Development 0.644 2.22 %

Cairo Poultry 25.7 1.98 %

Elsewedy Electric 80.5 1.95 %

Credit Agricole 22.24 1.88 %

E-finance 19.25 1.85 %

El Kahera El Watania Investment 77.14 1.83 %

Mohandes Insurance 30.75 1.72 %

Dice 1.77 1.72 %

National Real Estate Bank for Development 0.326 1.56 %

Digitize for Investment And Technology 4.64 1.53 %

Cairo Educational Services 70 1.52 %

Iron And Steel for Mines and Quarries 7.51 1.49 %

Fitness Prime 1.41 1.44 %

Speed Medical 0.371 1.37 %

EIPICO 80 1.29 %

Utopia 35.48 1.28 %

CIB 104.3 1.25 %

Union Pharmacist 8.17 1.24 %

Oriental Weavers 22.97 1.19 %

ASCOM 44.65 1.16 %

Egypt for Poultry 7.03 1.15 %

Pyramisa 180.45 1.15 %

Egyptians Real Estate Fund Certificates 12.69 1.12 %

AT Lease 4.1 0.99 %

Acrow Misr 124.5 0.97 %

Emaar Misr 9.49 0.85 %

Eastern Co 37.8 0.75 %

Export Development Bank of Egypt 15.03 0.74 %

MOPCO 30.22 0.73 %

Middle & West Delta Flour Mills 482 0.71 %

Faisal Islamic Bank of Egypt 31.93 0.69 %

Sheeni 16.21 0.68 %

Ferchem 81.23 0.64 %

Housing & Development Bank 89.1 0.56 %

Sharkia National Food 9.79 0.51 %

Minapharm Pharmaceuticals 353 0.5 %

Arab For Development and Real Estate Development 4.29 0.47 %

Egyptian Modern Education Systems 0.866 0.46 %

Arab Polvara 8.9 0.45 %

Sharm Dreams 25.5 0.43 %

EGYFERT 191.72 0.43 %

SPINALEX 10.17 0.39 %

Domty 25.76 0.39 %

Act Financial 2.69 0.37 %

Egyptian Iron & Steel 33.4 0.36 %

Alexandria Pharmaceuticals 799.01 0.34 %

October Pharma 201.8 0.29 %

B Investments Holdings 36.52 0.27 %

Egyptian Kuwaiti Holding-EGP 23.7 0.25 %

Delta for Printing & Packaging 113.03 0.17 %

U Consumer Finance 9.28 0.11 %

Kahira Pharmaceuticals 267 0.09 %

Misr Chemical Industries 28.74 0.03 %

International Agricultural Products 19.06 0 %

HEDGESTONE Investment 0 0 %

SOLARSOL For Energy 0 0 %

Al Safwa Hospital 0 0 %

Egyptian Warehouses 0 0 %

Global Telecom 0 0 %

Golden Coast 0 0 %

Rowad Misr 0 0 %

Egyptian Company for International Touristic Projects 0 0 %

Lakah Group 0 0 %

United Arab Stevedoring 0 0 %

Modern Company for water proofing (Bitumode) 0 0 %

Alexandria Cement 0 0 %

Tourah Cement 0 0 %

Ezz Steel 0 0 %

Suez Cement 0 0 %

Modern Shorouk Printing & Packaging 0 0 %

Advanced Pharmaceutical Packaging 0 0 %

Nile Cotton Ginning 0 0 %

Sohag National 0 0 %

Delta Construction & Rebuilding 0 0 %

Al Ezz Dekheila Steel 0 0 %

Arab Land Direct Mutual Fund 0 0 %

Macro Group Pharmaceuticals - Macro Capital S.A.E 1.12 0 %

Trans Oceans Tours 0.033 0 %

Raya Contact Center 8.1 0 %

Premium HealthCare Group 0 0 %

El Shams Pyramids 0 0 %

Golden Pyramids Plaza 0 0 %

Misr Hotels 25.3 0 %

Catalyst Parteners Middle East –CPME 0 0 %

Certificates Of Odin Egyptian Equity Investment Fund-KASAB 4.01 0 %

ARAB Developers Holding 0.21 0 %

Naeem Holding 0.11 0 %

Arafa Holding 0.112 0 %

Bonyan for Development and Trade 3.8 0 %

Madinet Nasr Housing 4.16 0 %

Gulf Canadian Real Estate Investment 1.46 0 %

Faisal Islamic Bank of Egypt 0.985 0 %

Lecico 25.17 0 %

Middle East Glass 0 0 %

East Delta Flour Mills 306.1 0 %

Arab Dairy 3.87 0 %

Nasr Company for Civil Works 5.91 0 %

Subscription Rights Of Abu Dhabi Islamic Bank - Egypt -3 0 0 %

Subscription Rights Of Macro Group Pharmaceuticals - Macro 0 0 %

National Drilling 0 0 %

Qalaa for Financial Investments LLC 0 0 %

Hassan Allam Investment Venture Capital 0 0 %

Saudi Egyptian Investment & Finance 0 0 %

Delta Insurance 0 0 %

Banque Du Caire 0 0 %

Geos for trading and contracting 0 0 %

Damietta Containers & Cargo 0 0 %

Port Said Container and Cargo Handling 0 0 %

EGX 30 INDEX ETF 47.12 -0.08 %

Rakta 24.59 -0.12 %

Taaleem Management Services 15.49 -0.13 %

Egytrans 7.58 -0.13 %

M T I 7.24 -0.14 %

National Printing 21 -0.14 %

NileSat 6.74 -0.15 %

TMG Holding 77.72 -0.17 %

Orascom Financial Holding 0.55 -0.18 %

Glaxo SmithKline 62.11 -0.19 %

Cleopatra Hospital 13.04 -0.23 %

Suez Canal Co for Technology Settling 290.15 -0.25 %

Arab Valves 8.09 -0.25 %

EAC 3.65 -0.27 %

Heliopolis Housing 3.47 -0.29 %

Nozha International Hospital 9.8 -0.31 %

Aspire Capital 0.308 -0.32 %

Meatello 2.96 -0.34 %

Arab Aluminum 22.88 -0.35 %

Edita 28.5 -0.35 %

Egypt Gas 44.04 -0.36 %

Misr Oils & Soap 183.01 -0.36 %

Middle Egypt Flour Mills 99.93 -0.36 %

A Capital Holding 8.04 -0.37 %

Integrated Engineering Group 0.517 -0.39 %

Al Baraka Bank 15.21 -0.39 %

Egyptians for Housing 2.43 -0.41 %

The United Bank 14.53 -0.41 %

Mena Touristic Investment 4.75 -0.42 %

El Kahera Housing 2.29 -0.43 %

First Investment 2.25 -0.44 %

Egyptian Financial & Industrial 223.98 -0.44 %

Gemma 29.89 -0.47 %

Osool Brokerage 2.04 -0.49 %

Lift Slab Misr 0.581 -0.51 %

Media Production City 27.94 -0.53 %

AMOC 7.11 -0.56 %

ADCO 205.5 -0.57 %

Cairo For Investment And Real Estate Development 17.2 -0.58 %

General Co for Silos & Storage 238.25 -0.59 %

Alexandria Flour Mills 60.35 -0.63 %

ALICO 3.12 -0.64 %

Industrial and Engineering Projects 0.462 -0.65 %

Elsaeed Contracting 1.48 -0.67 %

Marseilia 4.37 -0.68 %

Al Ahly for Development and Investment 33.14 -0.72 %

Arabia for Investment and Development 0.414 -0.72 %

Rekaz Holding 2.69 -0.74 %

Real Estate Egyptian Consortium 1.35 -0.74 %

Al Shams Housing 8.1 -0.74 %

General Co for Land Reclamation 176.24 -0.78 %

QNB Alahli 44.34 -0.78 %

Kafr El Zayat Pesticides 10.2 -0.78 %

Remco 3.75 -0.79 %

Giza General Contracting 0.623 -0.8 %

Gadwa for Industrial Development 0.977 -0.81 %

Sidi Kerir Petrochemicals 19.24 -0.82 %

El Arabia for Land Reclamation 360 -0.83 %

Subscription Rights Of Copper For Commercial Investment&Real 0.116 -0.85 %

Kima 11.52 -0.86 %

Zahraa Maadi 5.6 -0.88 %

Egyptians for Investment 0.66 -0.9 %

Ibnsina Pharma 10.9 -0.91 %

El Wadi International 1.07 -0.93 %

United Co for Housing 10.7 -0.93 %

Pioneers Properties 4.06 -0.98 %

TAWASOA For Factoring 2.87 -1.03 %

Delta Sugar 46.11 -1.05 %

Wadi Kom Ombo 303.92 -1.1 %

Egyptian Resorts 8.03 -1.11 %

Foodico 124.89 -1.13 %

Sinai Cement 61.3 -1.13 %

El Ahram for Packing 11.39 -1.13 %

Canal Shipping Agencies 33.91 -1.14 %

Egypt Kuwait Holding 0.685 -1.15 %

Mansoura Poultry 1.7 -1.16 %

Reacap 7.23 -1.23 %

Development & Engineering Consultants 86.6 -1.28 %

Memphis Pharmaceutical 148.97 -1.34 %

Odin Investments 2.17 -1.36 %

Ataqa 10.03 -1.38 %

Goldentex 46.35 -1.38 %

New Ismailia Urban Development 38.34 -1.39 %

Arab Cotton Ginning 8.24 -1.44 %

North Cairo Mills 126.91 -1.44 %

El Dawlia Fertilizers 15.21 -1.49 %

GB Auto 26.2 -1.5 %

Grand Investment Capital 30.32 -1.53 %

Alex Cont 23.24 -1.53 %

Taqa Arabia 13.41 -1.54 %

Ajwa 124.42 -1.6 %

Ismailia Poultry 13.4 -1.69 %

El Orouba Securities Brokerage 1.15 -1.71 %

Upper Egypt Flour Mills 470 -1.77 %

Arabia Investments Holding 0.331 -1.78 %

International Co for Investment & Development 4.35 -1.81 %

Heibco for commercial investments & real estate development 4.86 -1.82 %

ACC 49.07 -1.86 %

Cairo Oils & Soap 1.56 -1.89 %

Obour Land for Food Industries 24.03 -1.92 %

PHDC 8.2 -2.03 %

Orascom Development Egypt 23.3 -2.06 %

National Co for Housing 74.23 -2.06 %

Maridive 0.45 -2.17 %

Incolease 40.1 -2.2 %

Medical Packaging 1.74 -2.25 %

Misr Cement - Qena 173.02 -2.25 %

South Cairo & Giza Flour Mills 252.05 -2.25 %

Al Rowad 35.09 -2.26 %

Saudi Egyptian Investment and Finance 166.06 -2.3 %

Raya 3.7 -2.37 %

Orascom Construction 420.01 -2.38 %

CI Capital Holding 8.6 -2.38 %

Remas 1.21 -2.42 %

Qalaa Holdings 3.62 -2.43 %

El Nasr for Manufacturing Agricultural Crops 43.06 -2.6 %

Amer Group 2.2 -2.65 %

Rubex 9.91 -2.65 %

Arab Engineering Industries 2.19 -2.67 %

Rameda 3.21 -2.73 %

GTEX For Commercial And Industrial 0.035 -2.78 %

El Obour Real Estate Investment 41 -2.89 %

Al Moasher 2.53 -3.07 %

GMC 1.79 -3.24 %

Kabo 5.88 -3.29 %

South Valley Cement 9.33 -3.32 %

Gogreen for Agricultural Investment 2.57 -3.38 %

ICON 35.64 -3.41 %

Beltone Financial Holding 3.14 -3.68 %

Egypt Free Shops 33 -3.73 %

Contact Financial Holding 4.8 -4 %

Gharbia Islamic Housing Development 41.82 -4.02 %

MB 4.37 -4.17 %

Extracted Oils 8.66 -4.31 %

Misr Beni Suef Cement 266.18 -5.11 %

Electro Cable 3 -5.36 %

Arab Co. for Asset Management And Development 1.85 -5.61 %

Egypt Aluminum 255.01 -5.9 %

Atlas 2.1 -6.67 %

Sabaa 3.71 -6.78 %

Subscription Rights Of Atlas for Investment and Food Indus-1 1.55 -19.27 %

Gharbia Islamic Housing's board oks acquisition of Sobic

Updated 2/5/2020 12:23:00 PM

ArabFinance: Gharbia Islamic Housing's (GIHD) Board of Directors (BoD) approved the acquisition of 100% of Sobic Real Estate Investment's (SREI) share capital, based on the FV evaluation which set of EGP 2,446,487,303.

It ratified the Fair Value (FV) report for SREI, which revealed setting the FV of the company's share at EGP 6.87/share. The FV report was prepared by Wepeak Financial Advisors INC, the independent financial advisor.

The deal will not be paid in cash, therefore, GIHD will be in debt of the total amount of acquisition.

Watch Now

Don’t Miss Our Upcoming Interview With Hicham Arafa, COO Of Brightskies

Egypt Records Strong Growth Despite Global Challenges

Coming up: an exclusive interview with Karim Shafei, CEO and Chairman of Ismaelia for Real Estate Investment