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2026-08-11T00:00:00.000Z

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Shareholder lowers Aspire Capital stake

Shareholder lowers Aspire Capital stake

Shareholder Nawaf bin Abdullah reduced his stake in Aspire Capital's share capital from 5.1% to 4.17%, after selling 18.5 million shares valued at 9.27 million Egyptian pounds, with an average selling price of 0.501 pounds. During the same period, the company achieved a net profit of 21.34 million pounds in the first quarter of 2026, compared to 12.23 million pounds in the same period of the previous year, with revenues rising to 203.88 million pounds from 159.62 million pounds. Additionally, its standalone profits for the first quarter amounted to 6.1 million pounds, up from 2.87 million pounds last year.

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