Telal Housing Company acquired an additional 13.9% stake in Gharbia Islamic Housing Development Company (CASE:GIHD) for EGP 4.7 million on July 29, 2020. As part of the acquisition, Telal Housing Company will acquire 0.78 million shares in Gharbia Islamic Housing Development Company. Post the acquisition, Telal Housing Company will hold 23.72% stake in Gharbia Islamic Housing Development Company. Telal Housing Company completed the acquisition of an additional 13.9% stake in Gharbia Islamic Housing Development Company (CASE:GIHD) on July 29, 2020.