Cairo - Mubasher: Development and Engineering Consultants Company (TAMEER) unveiled that the government's sustainable development authority Future of Egypt has raised its stake to 12.89% from 1.36%.
Future of Egypt purchased 2.71 million shares at an average price of EGP 87.27 per share, according to a bourse disclosure.
Moreover, the total value of the transaction stood at EGP 236.57 million.
The deal was executed through several securities brokerage firms: Arabeya Online, Al Ahly Pharos, and EFG Hermes, an EFG Holding company.
During the first nine months (9M) of 2025, TAMEER’s non-consolidated net profits after tax hit EGP 27.30 million, which reflected an annual drop from EGP 48.10 million.
