Cairo - Mubasher: The Egyptian Exchange (EGX) listing committee approved on Wednesday Faisal Islamic Bank of Egypt’s capital increase from $296.7 million to $356.14 million, according to an official statement.
The capital hike shares will be listed starting Thursday’s (3 November) session, with 6 tranches of 230 million shares paid in US dollar, and another 7 with 126.13 million shares paid in Egyptian pound.
The bonus shares are listed on the Egyptian pound database according to the official exchange rate set by the central bank on the day before, according to the statement.
