Arab Finance: Nasr Company for Civil Works’ (NCCW) extraordinary general meeting (EGM) has decided to raise the firm’s authorized capital to EGP 500 million from EGP 200 million, as per disclosure on October 4^th.

The EGM also agreed to hike the company’s issued and paid-up capital from EGP 100 million to EGP 150 million.

Nasr for Civil Works is an Egypt-based public shareholding company engaged in the construction sector. The company provides construction and development contracting services for infrastructural projects related to energy, utilities, housing, roads, and ports.

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