Porto Group

Porto Group rebrands to Arab Developers Holding

MARKET NEWS- Porto Group is changing its name to Arab Developers Holding after receiving board approval, according to a bourse disclosure (pdf) today. MARKET ROUNDUP- The EGX30 fell 0.5% at today’s close on turnover of EGP 484 mn (61.3% below the 90-day average). Regional investors were net buyers. The index is up 0.3% YTD. In…