Egypt approves draft law on state-owned companies
The Egyptian Cabinet approved a draft law on Wednesday aimed at regulating the state’s ownership of companies it…
Browsing Tag
capital increase
Egypt’s Arab Contractors approves capital increase for up to EGP 8 billion
Egypt’s state-run construction firm Arab Contractors (AC) has approved an increase in its paid-up and issued…
Egypt’s E-Finance increases capital by 4%
Egypt’s leading fintech player, E-Finance has approved a capital raise to 924.44 million Egyptian pounds ($58.8…
Foxconn buys S&T shares in capital hike
Taiwan's Ennoconn, part of the world's largest contract electronics manufacturer Foxconn, has bought new shares…
LG Electronics mulls capital hike to help China, Egypt operations
LG Electronics is considering a capital increase to help out its financially-struggling overseas branches,…
Egyptian Gulf Bank approves capital increase to $129.3 million
Egyptian Gulf Bank extra-ordinary general assembly (EGM) was convened Wednesday, to approve the bank's capital…
African Reinsurance successfully places capital increase to $500 million
African Reinsurance Corporation (Africa Re), Africa’s leading reinsurer, has completed a plan to increase its…
HSBC Egypt plans capital increase in few days
HSBC Holdings PLC has approved to give a support for its Egyptian unit’s capital through retained earnings, CEO and…
EFG Hermes capital increase timeframe yet to be announced: Nessim
Egypt’s leading investment bank EFG Hermes (HRHO) is planning to increase capital by EGP 391.83m through issuing…
Egypt’s Pioneers eyes More Food, Real Estate Acquisitions
Egypt's Pioneers Holding has approved a 3 billion Egyptian pound ($393 million) capital increase and plans to make…
