Egypt’s state-run construction firm Arab Contractors (AC) has approved an increase in its paid-up and issued capital …
capital hike
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Al Ezz Dekheila Steel’s an extraordinary general meeting (EGM) approved increasing the company’s authorised capital to 4 …
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Egypt’s Export Development Bank has appointed Mervat Zuhdi El Sayed Sultan as its new chairperson, the bank …
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Financial Institutions
Wethaq Takaful Egypt targets S&P, A. M. Best credit ratings by FY2018-19
by Yomna Yasserby Yomna YasserEgypt’s Wethaq Takaful Insurance Company says it is seeking a new credit rating from a number of …
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Barclays’ Egyptian arm has a total capital base of 3.2 billion Egyptian pounds (US$419.4 million) approximately, the …
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Industry & Trade
Qalaa Holdings’ Board approves EGP1.7 billion Capital Hike
by Yomna Yasserby Yomna YasserOne of Egypt’s largest investment companies Qalaa Holdings, formerly Citadel Capital, announced Sunday that its Board of …
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Financial Institutions
Suez Canal Life Insurance Plans Capital Hike to EGP40mn at end-2014
by Yomna Yasserby Yomna YasserEgypt’s Suez Canal Life Insurance Company plans to boost its capital by 10 million Egyptian pounds by …
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Six of October Development & Investment (SODIC) (OCDI) announced that the company will hold an Extraordinary General …
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Deutsche Bank (DBKGn.DE) launched plans to raise 8 billion euros ($11 billion) in new capital on Sunday …
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Banks
Egyptian Gulf Bank Approves Cash Dividends, Capital Hike to $233.5 mln
by Yomna Yasserby Yomna YasserEgyptian Gulf Bank (EGB) Ordinary general assembly meeting (OGM) approved in its meeting on Tuesday a cash …