ArabFinance: Derayah Financial has purchased 183,362 shares in Egyptians for Investment and Urban Development (EIUD), according to a shareholding disclosure filed to the Egyptian Exchange (EGX).
Accordingly, Derayah’s stake in Egyptian Investment and Urban Development rose to 10.03% from 9.66%.
The transaction has been executed at a total value of EGP 1.248 million, equivalent to an average price of EGP 6.81 per share.