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Beltone Holding unveils capital increase subscription’s 1st round results

Beltone Holding has unveiled the results of the first round of its capital increase subscription.

Updated 3/26/2025 9:16:00 AM
A.T. Lease’s EGM approves capital hike

A.T. Lease's EGM greenlighted the board’s proposal to increase the authorized capital to EGP 4 billion from EGP 1 billion

Updated 2/26/2025 1:17:00 AM
Spinalex’s EGM greenlights capital hike

Spinalex's extraordinary general meeting (EGM) agreed to increase its issued capital to EGP 721.441 million.

Updated 2/24/2025 9:56:00 AM
IFC, Attijariwafa Bank Egypt team up to boost SMEs, climate finance in Egypt

International Finance Corporation (IFC) and Attijariwafa bank Egypt (AWB Egypt) have partnered to strengthen the bank’s capital position and expand its support for small and medium-sized enterprises (SMEs) and climate finance in Egypt.

Updated 2/24/2025 3:10:00 AM
EKH’s board approves dividends for 2024, capital hike

The board members of Egyptian Kuwaiti Holding (EKH) greenlit dividends distribution representing 19% of the company’s issued and paid-up capital, equivalent to $53.527 million, for 2024.

Updated 2/23/2025 10:25:00 AM
ADIB posts 93% YoY consolidated profit increase in 2024, nods to capital hike

The net profits attributable to the shareholders of Abu Dhabi Islamic Bank (ADIB Egypt) hit EGP 9 billion in 2024, an annual jump of 93% from EGP 4.673 billion.

Updated 2/9/2025 10:13:00 AM
EBRD provides $22.6M loan for Hassan Allam Construction’s capital increase

The European Bank for Reconstruction and Development (EBRD) has disbursed a four-year loan of $22.6 million to support the capital increase of Hassan Allam Construction (HAC), a subsidiary of Hassan Allam Holding.

Updated 2/9/2025 7:43:00 AM
UAE’s Amass proposes EGP 100M investment in Osool ESB’s capital raise

Emirati group Amass Investments has submitted a binding offer to subscribe to Osool ESB Securities Brokerage’s capital increase.

Updated 2/4/2025 8:43:00 AM
Catalyst Partners' SPAC plans EGP 1B capital increase

Catalyst Partners Middle East, the country’s first special purpose acquisition company (SPAC) listed on the Egyptian Exchange (EGX), is seeking approval for a significant capital hike through a private placement.

Updated 1/21/2025 8:09:00 AM
Misr Duty Free Shops' EGM approves increasing authorized capital by EGP 200M

Misr Duty Free Shops' extraordinary general assembly (EGM) agreed to raise the authorized capital from EGP 100 million to EGP 300 million.

Updated 1/20/2025 10:08:00 AM
Suez Canal Bank unveils issued-capital hike to EGP 6.5B

Suez Canal Bank (CANA) decided to increase its issued capital from EGP 5 billion to EGP 6.5 billion

Updated 12/30/2024 9:50:00 AM
Marseilia’s board nods for capital raise

The board members of Marseilia Almasreia Alkhalegeya for Holding Investment (MAAL) approved increasing the issued and paid-up capital to EGP 200 million

Updated 12/29/2024 11:06:00 AM
Beltone’s board approves additional capital hike to drive expansion strategy

The board members of Beltone Financial Holding greenlighted increasing the authorized capital from EGP 11 billion to EGP 22 billion

Updated 12/25/2024 10:17:00 AM
IFAP’s board nods to raising issued, paid-up capital by EGP 440M

The International Company for Agriculture Crops’ (IFAP) board of directors greenlit increasing the issued and paid-up capital from EGP 320 million to EGP 760 million.

Updated 12/23/2024 10:17:00 AM
Heliopolis Housing’s EGM approves issued capital raise to EGP 1B

Heliopolis Housing and Development’s (HELI) extraordinary general meeting (EGM) greenlighted an issued capital increase of EGP 667.54 million.

Updated 12/8/2024 12:56:00 PM
GlobalCorp raises paid-in capital by EGP 800M

GlobalCorp Group, a prominent Egyptian non-banking financial services provider, has raised its paid-in capital by EGP 800 million to EGP 1.4 billion from EGP 600 million.

Updated 11/12/2024 10:32:00 AM
EIPICO to raise capital to EGP1.68B via cash subscription

The Egyptian International Pharmaceutical Industries Company (EIPICO) has announced plans to increase its authorized capital from EGP 1.5 billion to EGP 6 billion.

Updated 10/24/2024 10:07:00 AM
Heliopolis Housing approves capital increase through bonus shares

Heliopolis Company for Housing and Development's (HELI) board of directors has approved a capital increase from EGP 333.77 million to EGP 1 billion.

Updated 10/21/2024 10:26:00 AM
Beltone SMEs doubles capital to EGP 500M

Beltone Holding announced that its subsidiary, Beltone SMEs, has doubled its paid-in capital from EGP 250 million to EGP 500 million.

Updated 10/9/2024 9:25:00 AM
Sidpec’s EGM nods to EGP 302.4M capital hike

Sidi Kerir Petrochemicals Company’s (Sidpec) extraordinary general meeting (EGM) approved increasing the issued and paid-up capital by EGP 302.4 million distributed over 756 million shares at a par value of EGP 2 per share.

Updated 9/1/2024 12:14:00 PM