The Egyptian Exchange (EGX) decided to suspend trading on the stock of Orascom Investment Holding (OIH) as of the beginning of Thursday’s trading session.
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All offers and orders registered on the company’s shares prior to the announcement were suspended, the EGX said in a statement on Thursday.
Trading on OIH’s shares has been halted to allow the company to spin out several financial services companies into Orascom Financial Holding (OFH).
