Porto Group’s OGM nods to company’s name change

Updated 1/9/2022 10:19:12 AM

ArabFinance: Porto Group Holding (PORT) announced that its ordinary general meeting (OGM) dated January 9th 2022 has approved to change the company’s name to Arab Developers Holding, according to a statement filed to the Egyptian Exchange (EGX).

Moreover, the OGM agreed on the amendment of Article 2 of the company’s Articles of Association.

Porto Group is an Egypt-based holding company engaged in many segments through its subsidiaries, namely education, marketing, real estate, investment, and management.