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Amer Holding Group, Porto Holding to start trading on Egypt bourse on Thursday

The two companies created by the long-mooted demerger of Egyptian real estate company Amer Group will start trading on the stock exchange on Thursday, a bourse statement said on Tuesday. Amer Group, which owns hotels, restaurants and shopping malls, had said last year it would be divided into a development business called Amer Holding Group and a smaller company named Porto Holding. Amer Holding Group, which is now responsible for