Cairo – Mubasher: Juhayna Food Industries said that the committee tasked with managing the Muslim Brotherhood group's funds confiscated 7.2% of the company’s shares, owned by businessman Safwan Thabet, according to a bourse statement.
Previous news reports, stated that the government decided to confiscate Safwan Thabet stake in Pharo Fund.
Accordingly, the Egyptian Exchange decided to resume trading on the company’s shares.
