Misr Insurance Co has lowered its stake in Misr Cement-Qena from 9.3 to 4.68 per cent, Misr Asset Management said in a statement to the Egyptian Exchange on 23 June.
The insurance company sold 3.33m shares for EGP20.74m (US$1.28m) at an average price of EGP6.23/share.

Holcim Ecuador appoints new production manager at Guayaquil
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