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Egyptians for Investment sells plot for EGP 18m

Egyptians for Investment sells plot for EGP 18m
EIUD sold 1,100 square metre plot is located in Nasr City (Photo Credit: Arabianeye-Reuters)

Cairo – Mubasher: Egyptians for Investment and Urban Development (EIUD) sold a commercial plot of land for EGP 18 million, according to a bourse statement.

The 1,100 square metre plot is located in Nasr City.

The company has bought on 2 March a property worth EGP 35 million in Nasr City.

The company’s stock rose 4.52% to EGP 1.85 by 10:35am Egypt time after generating EGP 626,500.