Target Real Estate did not raise stake to 90%: Real Estate Egyptian

Target Real Estate did not raise stake to 90%: Real Estate Egyptian

Target Real Estate did not raise stake to 90%: Real Estate Egyptian Real Estate Egyptian Consortium denied acquiring 90% of its shares by Target Real Estate Investment    ArabFinance: Real Estate Egyptian Consortium denied acquiring 90% of its shares by Target Real Estate Investment, according to the January 26th statement filed to the Egyptian Exchange.The listed company reported a consolidated net profit of EGP 11,328,141 in the first nine months of 2020, a 62% decrease from EGP 30,168,761 in the prior-year period.Real Estate Egyptian Consortium is an Egypt-based public shareholding company engaged in the real estate investment sector.The company focuses on real estate development and general building contracts, such as the construction of hotels and touristic villages, housing complexes, among others.Copyright © 2021 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).Zawya CoveragegoldGold jewellery demand in UAE jumped 80% in Q4 2020: World Gold CounciltransportDP World-backed Virgin Hyperloop releases passenger concept videoacquisitionUAE-based Agthia Group fully acquires Al Faysal Bakeryoil and gasSaudi's Basic Chemical Industries Co appoint temporary CEOdefenceUS president temporarily suspends sale of fighter jets to UAEMoreReuters CoveragelebanonLebanon's caretaker prime minister condemns Tripoli violencecurrenciesDollar gains as retail trading frenzy rattles investorseuropeAstraZeneca offers 8mln extra doses to