Cairo – Mubasher: Al Ahli Development and Investment said it will buy back two million shares it has sold previously to its subsidiary - Nile Financial Leasing.
Al Ahli Development is capitalized at EGP 200 million, distributed across 20 million shares at EGP 10 par value each.
The company reported net profits of EGP 2.326 million for the nine – month period ended 30 September 2016.