Lebanese BLOM’s sale of Egypt unit to raise lender’s capital – Moody’s
Lebanese BLOM Bank's sale of its Egyptian unit would provide much-needed capital enhancement, said Moody’s in a…
Browsing Tag
capital
Egyptian bourse approves to raise Zahraa Maadi’s capital to $7.9mn
Egypt's stock exchange's listing committee on Sunday approved increasing the state-owned Zahraa Maadi Investment…
11 Egyptian companies’ capital rises to $107 mln in May – ministry
Egypt’s Investment Ministry said 11 companies increased their capital with a combined value worth 1.8 billion…
Air raids hits Libya’s capital Tripoli on Saturday night
Air raids were carried out Saturday night on the Libyan capital Tripoli, according to AFP journalists and residents…
Orange Egypt expects to avoid losses in 2019
Orange Egypt no longer forecasts that it will achieve losses next year, according to the company’s CEO Yasser…
HDB profits hit 1.393bn Egyptian pounds at end of Sept.
Housing and Development Bank (HDB) has achieved profits worth 1.393 billion pounds after taxes at the end of the…
First phase of Palm Hills’ offering oversubscribed 80.7%
Egypt's Palm Hills Development said on Monday the first phase of the offering to increase its capital for…
EGX gains EGP 470bn during Sisi’s 1st presidential term
Egyptian Exchange (EGX) achieved record gains during the first term of office of President Abdel Fatah al-Sisi as…
MG Developments to float share on Egyptian bourse at end-2019
Egypt’s MG Developments says it plans to sell some of its stakes on the local stock market at the end of 2019 and…
Egypt’s Arab Contractors to sell 4% share to two banks
Egypt's state-owned construction firm Arab Contractors (AC) will sell four percent stake of its shareholding in El…
