Egypt: Al Tilal for Housing cuts stake in Islamic Gharbia

Reuters

Al Tilal sold 147,657 shares in the EGX-listed firm at an average price of EGP 49.11 per share

Staff Writer, Arab Finance

December 29, 2025

PHOTO

Arab Finance: Al Tilal for Housing and Development lowered its stake in Islamic Gharbia Company for Developed Buildings from 23.71% to 20.42% in exchange for EGP 7.251 million, according to a bourse filing.

Al Tilal sold 147,657 shares in the EGX-listed firm at an average price of EGP 49.11 per share.

The transaction was implemented on December 28th, 2025.

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