Egypt’s Wethaq Takaful Insurance will pump EGP 40 million to increase its capital to EGP 100 million …
Tag:
capital increase
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Banks
Egypt’s FinMin to Decide on NIB’s Capital Increase within 2 Weeks
by Yomna Yasserby Yomna YasserEgypt’s Finance Ministry will make its decision within the next two weeks on the capital increase of …
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Industry & Trade
Citadel to Close Capital Increase to EGP8 bln on 9 April
by Yomna Yasserby Yomna YasserCitadel Capital (CCAP.CA on the Egyptian Exchange), the leading investment company in Africa and the Middle East, …
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Banks
Arab Investment Bank Eyes Capital Hike, 20% Growth by 2014-end
by Yomna Yasserby Yomna YasserArab Investment Bank of Egypt (AIB) is targeting a capital increase to EGP 1 billion besides a …
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Industry & Trade
Citadel’s Shareholders Green-light 2nd and Final Round of Capital Hike to EGP8bn
by Yomna Yasserby Yomna YasserShareholders send clear message backing firm’s transformation into an investment holding company; capital increase on track to …
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Banks
United Bank Mulls Capital Top-up to EGP2 billion to Finance Mega Projects
by Yomna Yasserby Yomna YasserEgyptian lender United Bank S.A.E. is considering a capital increase to EGP 2 million within this year …
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Industry & Trade
Citadel Capital Says Completes $530 mln Investments
by Yomna Yasserby Yomna YasserEgyptian private equity firm Citadel Capital (CCAP.CA on the Egyptian Exchange) said on Sunday it had completed …
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The board of PSA Peugeot Citroën SA has approved the broad outline of a possible EUR3 billion …
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Egypt-based real estate developer Palm Hills Developments (PHD) (PHDC.CA) said it plans to hand over nearly 2,000 …
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Financial Institutions
Iskan Insurance Plans Capital Hike to EGP150 mln in FY2014/15
by Yomna Yasserby Yomna YasserIskan Insurance Company is planning within the coming fiscal year 2014/2015 to further increase its issued capital …