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The total value of the shares’ purchase transaction amounted to EGP 45.44 million.
As a result, Sayed’s stake in Real Estate Egyptian Consortium rose to 5.845% from 3.955%.
Real Estate Egyptian Consortium is an Egypt-based public shareholding company engaged in the real estate investment sector. The company focuses on real estate development and general building contracts, such as the construction of hotels and touristic villages, housing complexes, among others.
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