QNB Financial Services raises stake in First Investment Company

Updated 9/2/2021 2:53:00 PM

ArabFinance: QNB Financial Services has purchased 30,421 shares in First Investment Company and Real Estate Development (FIRE), raising its stake to 10.32% from 9.88%, according to a filing to the Egyptian Exchange (EGX).

The total value of the transaction amounted to EGP 144,834, equivalent to EGP 4.761/share.

The shares’ purchase transaction has been implemented by Financial Brokerage Group (FBG).