Cairo – Mubasher: The Egyptian Exchange (EGX) said Monday that Al Ahly for Development and Investment (ADI) increased its stake in Middle Egypt Flour Mills from 19.86% to 20%.
Al Ahly purchased about 21,690 shares for EGP 549,830, with an average of EGP 25.35 per share, according to a bourse filing.
Middle Egypt Flour Mills’ stock closed today’s session falling by 4.12% to EGP 24.23.