Cairo, 19 September 2024 – Yasseen Ibrahim Lutfi Mansour has significantly increased his equity stake in Taaleem Management Services (TALM), raising ownership from 9.96% to 18.30% through a EGP 505.6 million investment. The transaction involved purchasing 60.91 million shares at an average price of EGP 8.30 per share, facilitated by Commercial International Brokerage Company.
Taaleem Management reported robust financial performance in the first half of FY 2023/2024, with consolidated net profit after tax surging to EGP 357.86 million, up from EGP 192.08 million in the same period last year.