The Stock Exchange suspends trading on the shares of “Newdap”, “Alaqaria for Banks” and “Arabia Osool”

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The EGX management decided to stop trading on the shares of 3 listed companies, including “Newdab”, “Arabia Assouls” and “Al-Aqaria Banks” as of today’s trading session, pending a response to its inquiries.

The Stock Exchange decided to stop trading on the shares of North Upper Egypt Company for Development and Agricultural Production (Newdap) as of today’s trading session, until a disclosure about a member of the company’s board of directors is published, with the suspension of all registered offers and requests.

According to the statement, it was decided to stop dealing on the shares of the Arab Company for Asset Management and Development, until a disclosure is published about a member of the company’s board of directors, with the suspension of all offers and requests registered on the company’s shares before publishing this announcement.

It was also decided to stop dealing on the shares of the Real Estate Company for National Development Banks, as of today’s trading session, until a disclosure is published regarding one of the company’s board members, with all offers and requests registered on the company’s shares being suspended before publishing this announcement.

The article the Stock Exchange suspended trading on the shares of “Newdap”, “Al Akaria Banks” and “Arabia Osool” was written in the Al Borsa newspaper.