Home Tech/AIIndustry & Trade Ajwa’s Al Jaber Fined EGP1 mln for Manipulating Insider Data

Ajwa’s Al Jaber Fined EGP1 mln for Manipulating Insider Data

by Yomna Yasser

Egypt’s third circuit at the economic court of misdemeanors has imposed a fine of EGP 1 million on Saudi businessman Mohamed Al Eissa Al Jaber, former chairman of Ajwa for Food Industries Co., in a lawsuit filed against him by the company’s shareholders on charges of manipulating insider data during the period from October 4-25, 2009.

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