Cairo – Mubasher: Cairo Capital Securities said Wednesday that National Investment Bank (NIB) has reduced its ownership in Abu Dhabi Islamic Bank – Egypt (ADIB) from 12.13% to 11.86%.
NIB has sold 550,000 shares form EGP 6.03 million, at a price of EGP 10.9 per share, according to a bourse filing.
By 10:30 am Cairo time, the stock declined 2.05% to EGP 10.05.
