Arab Finance: A transaction has been executed on 58.350 million shares of Egyptians for Housing and Development Company (EHDR) for EGP 21.006 million within the framework of the employee stock ownership plan (ESOP), the Egyptian Exchange (EGX) announced on January 29th.
Egyptians for Housing operates in the real estate development and investment sector, with the focus on the businesses of buying, purchasing, dividing, and selling lands, and establishing buildings and facilities.
The company’s business also includes setting up urban expansion projects, residential and commercial complexes, and new township projects.