Egypt’s state-run construction firm Arab Contractors (AC) has approved an increase in its paid-up and issued capital …
capital increase
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Egypt’s leading fintech player, E-Finance has approved a capital raise to 924.44 million Egyptian pounds ($58.8 million) …
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Taiwan’s Ennoconn, part of the world’s largest contract electronics manufacturer Foxconn, has bought new shares in Austrian …
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Tech news
LG Electronics mulls capital hike to help China, Egypt operations
by Ghada Ismailby Ghada IsmailLG Electronics is considering a capital increase to help out its financially-struggling overseas branches, including those in …
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Egyptian Gulf Bank extra-ordinary general assembly (EGM) was convened Wednesday, to approve the bank’s capital increase through …
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Financial Institutions
African Reinsurance successfully places capital increase to $500 million
by Yomna Yasserby Yomna YasserAfrican Reinsurance Corporation (Africa Re), Africa’s leading reinsurer, has completed a plan to increase its capital to …
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HSBC Holdings PLC has approved to give a support for its Egyptian unit’s capital through retained earnings, …
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Egypt’s leading investment bank EFG Hermes (HRHO) is planning to increase capital by EGP 391.83m through issuing …
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Egypt’s Pioneers Holding has approved a 3 billion Egyptian pound ($393 million) capital increase and plans to …
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Egypt’s Beltone Financial Holding said its shareholders had approved a capital increase of 200 million Egyptian pounds …