The board of El Ahli Investment and Development approved on Sunday, the company’s plan to restructure its investment portfolio. It also nodded to the proposals of the executive management as regards developing the company’s activities.

The board also gave the go ahead for bolstering strategic alliance between the company and Cairo Capital and studying various alternatives for cooperation and merger between both companies.

The company’s financial results for the first nine months of FY13 had shown EGP5.349 million net profit, with a surge by 115% compared with EGP 2.485 million net profit in the year-ago period.

http://english.mubasher.info/CASE/news/2497945/El-Ahli-Investment-board-Oks-portfolio-restructuring

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