ADIB-Egypt to buy 3.42m shrs of ADILease

Cairo-Mubasher: Abu Dhabi Islamic Bank (ADIB)-Egypt said it is in close range to purchase 35.7% or 3.42 millionof ADILease Company’s shares.

The bank said in a bourse statement that the price per share will be EGP 5.97.

ADILease, an Egypt-based financial leasing services provider, is owned by El Kahera El Watania Investment and Alexandria National Company for Financial Investment. 

Mubasher Contribution Time: 16-Dec-2015 12:50 (GMT)