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UAE-based Nas hikes stake in Egyfert for nearly EGP 187m

UAE-based Nas hikes stake in Egyfert for nearly EGP 187m
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EGYFERT
SMFR
0.77% 197.40 1.50

Cairo – Mubasher: UAE-based Nas Investment Holding raised its equity ownership in Samad Misr (Egyfert) to 51.47% from 32.39%, according to a bourse filing.

Nas purchased 1.83 million shares in the EGX-listed firm at a total value of EGP 186.77 million, with an average price of EGP 102 apiece.

Al Ahly Pharos brokered the transaction, which was executed on 3 June 2025.