ArabFinance: Real Estate Egyptian Consortium (AREH) has purchased 825,000 shares in Rowad Tourism (Al Rowad) (ROTO) for an average price of EGP 33.62 per share, according to a filing to the Egyptian Exchange (EGX).
As a result, Real Estate Egyptian Consortiums stake in Al Rowad has been raised to 6.585% from 1.819%.
The total value of the transaction amounted to EGP 27.73 million.
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