EII sold 30 million shares in the transaction, valued at a total of 85.2 million Egyptian pounds, with an average price of 2.84 pounds per share.
Qalaa Holdings reported a consolidated net profit of 8.18 billion pounds for 2024, down from 11.8 billion pounds the previous year. This decline occurred despite a rise in revenues to 148.87 billion pounds in 2024, compared to 97.13 billion pounds in 2023.