Saudi Egyptian Investment and Finance’s (SEIG) ordinary general meeting (OGM) approved a cash dividend distribution of EGP 2 per share for 2024

The ordinary general meeting (OGM) of Mohandes Insurance (MOIN) agreed to increase the issued capital to EGP 500 million from EGP 350 million.

MM Group for Industry and International Trade’s (MTI) ordinary and extraordinary general meetings (OGM and EGM) have approved raising the issued and paid-up capital by EGP 187.319 million distributed over 302.124 million shares at a nominal value of EGP 0.62 per share.

Export Development Bank of Egypt’s (EBank) ordinary general meeting (OGM) has approved raising the issued and paid-up capital by EGP 2.456 billion via the distribution of 0.249-for-1 bonus shares.

Lotus for Agricultural Investments and Development’s ordinary and extraordinary general meetings (OGM and EGM) have greenlit raising the issued capital by EGP 49 million distributed over 490 million bonus shares at a par value of EGP 0.10 per share.

El-Nile Co. for Pharmaceuticals and Chemical Industries’ extraordinary general meeting (OGM) has approved raising the issued capital by EGP 198.75 million distributed over 198.75 million shares at a par value of EGP 10 per share.

MB Engineering’s (MBEN) ordinary and extraordinary general meetings (OGM and EGM) have approved increasing the issued capital by EGP 45 million distributed over 90.001 million bonus shares at a nominal value of EGP 0.5 per share.

Arab Moltaqa Investments Co’s (AMIC) ordinary and extraordinary general meetings have approved raising the issued capital by EGP 50.571 million distributed over 50.571 million bonus shares at a par value of EGP 1 per share.

e-finance for Digital and Financial Investments’ (EFIH) ordinary general meeting (OGM) has greenlit increasing its issued and paid-up capital by EGP 231.111 million distributed over 462.222 million bonus shares at a nominal value of EGP 0.50 per share.

Mansoura Poultry’s (MPCO) ordinary general meeting (OGM) has approved increasing the issued and paid-up capital by EGP 27.556 million distributed over 137.778 bonus shares at a nominal value of EGP 0.20 per share.

Tanmia Petroleum Company has earned gross operating profits of EGP 335 million in 2023, the firm’s Chairman Mostafa Amer announced.

The Commercial International Bank’s (CIB) ordinary general meeting (OGM) has approved raising the issued and paid-up capital by EGP 236.57 million distributed over 23.657 million shares at a par value of EGP 10 per share.

The Egyptian Gulf Bank’s (EG Bank) (EGBE) ordinary general meeting (OGM) has approved raising the issued capital by $10.604 million via bonus share distribution.

Abu Dhabi Islamic Bank-Egypt’s (ADIB Egypt) extraordinary general meeting (EGM) has approved the board’s proposal to increase of the issued and paid-up capital via the distribution of 0.2-for-1 bonus shares.

El Nasr Clothing and Textiles Company’s (KABO) ordinary general meeting (OGM) has approved in principle selling part of or the firm’s entire stake in Alexandria Spinning and Weaving Company (Spinalex).

The Sixth of October Development and Investment Company’s (SODIC) ordinary general meeting (OGM) has approved selling SODIC Securitization’s entire shares to Beltone Holding

Egypt Gas’ (EGAS) ordinary and extraordinary general meetings (OGM and EGM) have approved using EGP 415.725 million from the specific reserve balance and EGP 65.016 million from the general reserve balance to raise the company’s issued capital and paid-up capital.

Eastern Company’s (EAST) ordinary and extraordinary general meetings (OGM and EGM) have approved using EGP 770 million from the retained earnings to raise the company’s issued capital.

Canal Shipping Agencies’ (CSAG) ordinary general meeting (OGM) has approved increasing its issued capital from EGP 200 million to EGP 300 million.

Acrow Misr for Scaffolding and Formwork’s (ACRO) ordinary general meeting (OGM) has approved the payment of a total of EGP 199.848 million, or EGP 3.63 per share, in cash dividends for 2022 earnings.