Regional Investment sells 1.9% skate in Naeem Holding

Updated 11/27/2022 9:10:59 AM

Arab Finance: Regional Investment Holding has sold a 1.96% stake or 6.88 million shares in Naeem Holding (NAHO) for EGP 1.087 million, equivalent to EGP 0.158 per share, according to a shareholding disclosure on November 27th.

Accordingly, Regional Investment Holding’s stake in Naeem Holding fell to 8.59% from 10.56%.

Established in 1997, Naeem Holding is engaged in the provision of investment banking services within Egypt and abroad.