Mahmoud Mahgoub acquired an additional 8.22% stake in Real Estate Egyptian Consortium S.A.E (CASE:AREH) for EGP 43.5 million on March 18, 2021. As per the terms of the agreement, Mahmoud Mahgoub will acquire 3.28 million shares in Real Estate Egyptian Consortium. As a result of the transaction, Mahmoud Mahgoub now holds 21.09% stake in Real Estate Egyptian Consortium. Mahmoud Mahgoub completed the acquisition of an additional 8.22% stake in Real Estate Egyptian Consortium S.A.E (CASE:AREH) on March 18, 2021.