Arab Finance: Egyptian Financial Supervisory Authority (EFSA) announced that it sent Arab Development & Real Estate Investment’s (ADRI) fair value study to Solutions Financial Consultancy in Securities.
Solutions set the Arab Development’s fair value at LE1.96, as the fair value of shareholders’ equity reached LE116,022,465 for 59,149,846 shares.
it is worth mentioning, the fair value of the company' stock amounts to LE2.04, depending on discounted cash flows (DCF) method.