ArabFinance: The Egyptian Exchange (EGX) will receive buy and sell orders on Alexandria National Company for Financial Investment's (ANFI) shares starting June 27^th until July 8^th, according to EGX’s disclosure on June 24^th.

Zeta Investment submitted a mandatory tender offer (MTO) to acquire 4,702,500 shares, representing 90%, of Alexandria National at EGP 6 per share.

Alexandria National achieved a net profit of EGP 4.56 million in 2020, versus a net loss of EGP 709,656 in 2019.

Established in 1996 and listed on EGX in 1998, ANFI provides investment banking services including investment advisory on mergers and acquisitions, initial public offering, and underwriting.