ICEC

MCDR lining up listing of sports arm on Egypt SME bourse in 2yrs

Egypt’s Central Securities Depository House (MCDR) says it hopes to complete listing of its sports arm El-Makasa Sport on the country’s SME bourse, NILEX within two years.

The listing will finance El-Makasa Sport’s expansion plans, MCDR chairman Mohamed Abdel-Salam said Sunday.

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