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NSPO acquires 20% share of TAQA Arabia

The National Service Projects Organization (NSPO) has acquired a 20 percent share of TAQA Arabia at LE 1.6 billion.
27.07.23 | Source: Egypt Independent

The deal was implemented in Monday’s session after Silverstone Capital sold 20 percent of its shares in the company at a price of LE 6.02, to reduce its ownership stake after executing the deal to 29 percent – compared to 49 percent before the deal.


TAQA Arabia started trading its shares in the Egyptian Stock Exchange, as of July 10.

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