Latest in Tag: Al Atries Company Highlight

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Latest in Tag: Al Atries Company

Al Atries Company offers to fully acquire affiliate Amban Tourism for EGP 350m

In a statement to the Egyptian Exchange on Wednesday, the company said that the offer is estimated at EGP 350m. An amount of EGP 235m will be paid to creditors of Remco, and an amount of EGP 115m will be paid in the form of construction materials for Remco to complete its projects. The total value will be fully paid by the end of December 2022.

Alyaa Stohy

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