ArabFinance: Egyptian Transport and Commercial Services Co (ETRS) (Egytrans) announced that shareholder Raed Bin Abdul Rahman Abdulaziz Al Mashal has cut his stake in EgyTrans to 8.823%  from 10.204%, according to a shareholding disclosure filed to the Egyptian Exchange (EGX).

This came after the shareholder sold 431,201 shares in a transaction valued at EGP 5.03 million, equivalent to EGP 11.67 per share.

Egytrans is an Egypt-based company engaged in international sea, air, and land transportation services.

The company offers a wide range of services such as import and export, general cargo handling, dry cargo handling, customs clearance, warehousing, packing, and specialized transportation.