Featured Egypt’s roads holding company revenue rises 21.3% in FY 2024/25 Aya Anwar Jun 24, 2026 0 Egypt’s Holding Company for Roads and its subsidiaries posted revenue of about 11.5 billion Egyptian pounds in the…
Featured Egypt approves draft law on state-owned companies Aya El Sayed May 16, 2024 0 The Egyptian Cabinet approved a draft law on Wednesday aimed at regulating the state’s ownership of companies it…
Money Egypt’s Arab Contractors approves capital increase for up to EGP 8 billion Amwal Al Ghad English Jul 26, 2022 0 Egypt’s state-run construction firm Arab Contractors (AC) has approved an increase in its paid-up and issued…
Featured Egypt’s E-Finance increases capital by 4% Amwal Al Ghad English Feb 1, 2022 0 Egypt’s leading fintech player, E-Finance has approved a capital raise to 924.44 million Egyptian pounds ($58.8…
Tech news Foxconn buys S&T shares in capital hike Ghada Ismail Oct 13, 2016 0 Taiwan's Ennoconn, part of the world's largest contract electronics manufacturer Foxconn, has bought new shares…
Tech news LG Electronics mulls capital hike to help China, Egypt operations Ghada Ismail Sep 8, 2016 0 LG Electronics is considering a capital increase to help out its financially-struggling overseas branches,…
Banks Egyptian Gulf Bank approves capital increase to $129.3 million aya salah Jan 28, 2016 0 Egyptian Gulf Bank extra-ordinary general assembly (EGM) was convened Wednesday, to approve the bank's capital…
Financial Institutions African Reinsurance successfully places capital increase to $500 million Yomna Yasser Jan 20, 2016 0 African Reinsurance Corporation (Africa Re), Africa’s leading reinsurer, has completed a plan to increase its…
Banks HSBC Egypt plans capital increase in few days Yomna Yasser Dec 17, 2015 0 HSBC Holdings PLC has approved to give a support for its Egyptian unit’s capital through retained earnings, CEO and…
Banks EFG Hermes capital increase timeframe yet to be announced: Nessim Amwal Al Ghad English Apr 21, 2015 0 Egypt’s leading investment bank EFG Hermes (HRHO) is planning to increase capital by EGP 391.83m through issuing…
EGX Egypt’s Pioneers eyes More Food, Real Estate Acquisitions Noha Gad Mar 4, 2015 0 Egypt's Pioneers Holding has approved a 3 billion Egyptian pound ($393 million) capital increase and plans to make…
EGX Egypt’s Beltone Financial Shareholders OK Capital Increase Plan Salma Ayman Nov 24, 2014 0 Egypt's Beltone Financial Holding said its shareholders had approved a capital increase of 200 million Egyptian…
Financial Institutions Wethaq Takaful Eyes Capital Increase to Launch a Mutual Fund Yomna Yasser Jun 10, 2014 0 Egypt's Wethaq Takaful Insurance will pump EGP 40 million to increase its capital to EGP 100 million within the few…
Banks Egypt’s FinMin to Decide on NIB’s Capital Increase within 2 Weeks Yomna Yasser May 28, 2014 0 Egypt's Finance Ministry will make its decision within the next two weeks on the capital increase of the National…
Industry & Trade Citadel to Close Capital Increase to EGP8 bln on 9 April Yomna Yasser Apr 1, 2014 0 Citadel Capital (CCAP.CA on the Egyptian Exchange), the leading investment company in Africa and the Middle East,…
Banks Arab Investment Bank Eyes Capital Hike, 20% Growth by 2014-end Yomna Yasser Mar 20, 2014 0 Arab Investment Bank of Egypt (AIB) is targeting a capital increase to EGP 1 billion besides a 20% growth in…
Industry & Trade Citadel’s Shareholders Green-light 2nd and Final Round of Capital Hike to EGP8bn Yomna Yasser Mar 19, 2014 0 Shareholders send clear message backing firm’s transformation into an investment holding company; capital increase…
Banks United Bank Mulls Capital Top-up to EGP2 billion to Finance Mega Projects Yomna Yasser Mar 18, 2014 0 Egyptian lender United Bank S.A.E. is considering a capital increase to EGP 2 million within this year from EGP 1…
Industry & Trade Citadel Capital Says Completes $530 mln Investments Yomna Yasser Feb 16, 2014 0 Egyptian private equity firm Citadel Capital (CCAP.CA on the Egyptian Exchange) said on Sunday it had completed a…
Industry & Trade Peugeot to Begin Talks for New Capital Increase Yomna Yasser Jan 20, 2014 0 The board of PSA Peugeot Citroën SA has approved the broad outline of a possible EUR3 billion capital increase that…
Real Estate Palm Hills Says to Deliver 2000 Units This Year Yomna Yasser Jan 14, 2014 0 Egypt-based real estate developer Palm Hills Developments (PHD) (PHDC.CA) said it plans to hand over nearly 2,000…
Financial Institutions Iskan Insurance Plans Capital Hike to EGP150 mln in FY2014/15 Yomna Yasser Nov 27, 2013 0 Iskan Insurance Company is planning within the coming fiscal year 2014/2015 to further increase its issued capital…
Financial Institutions MetLife Alico Eyes Capital Increase to EGP70 mln in 2014 Yomna Yasser Nov 26, 2013 0 MetLife Alico (The Pharaonic American Life Insurance Company - Alico) is planning to pump EGP 10 million next…
Financial Institutions Royal Insurance Eyes Capital Increase to EGP80 mln at FY15-end Yomna Yasser Nov 24, 2013 0 The Egyptian joint stock company Royal Insurance is planning to increase its paid-up capital by EGP 20 million to…
Indices news Citadel Capital Shareholders Approve Capital Increase Yomna Yasser Oct 21, 2013 0 Citadel Capital (CCAP.CA), the leading investment company in Africa and the Middle East with US$ 9.5 billion in…
Banks Industrial Development Bank Eyes Capital Top-up to EGP2 bln Yomna Yasser Sep 17, 2013 0 The Industrial Development & Workers Bank of Egypt (IDBE) is currently in talks with the country’s ministries…
Industry & Trade Egypt’s Citadel Capital Says to Start New Investments After Capital Hike Conclusion Yomna Yasser May 24, 2013 0 Egypt’s new Minister of Investment, H.E. Yehia Hamed, conducted a meeting with Ahmed Heikal, Founder and Chairman…
EGX Solidaire Mulls Capital Increase To EGP 100 Mln Yomna Yasser Dec 9, 2012 0 Solidaire Securities Brokerage is mulling increasing its capital from EGP 10 million to EGP 100 million within the…
Banks Banque Du Caire Mulls Capital Increase By End Of 2012 Administrator Nov 11, 2012 0 Banque Du Caire studies to increase the authorized capital and paid-up capital by a value ranging from EGP 400…
Indices news EFSA Initially Approves Al-Moasher’s Capital Increase Yomna Yasser Oct 15, 2012 0 The Egyptian Financial Supervisory Authority (EFSA) sent a release to the Egyptian Exchange (EGX) stating that it…