Cairo – Mubasher: The number of companies submitted their incorporation applications to Egypt’s General Authority For Investments (GAFI) during the ten-month period ended 30 April reached 19,206.
The issued and paid capital of these companies recorded EGP 43.7 billion and EGP 4.642 billion, respectively, according to Youm7 newspaper.
From July to the end of April, 2,256 companies increased their issued capital to KWD 91.298 billion and paid capital to EGP 63.804 billion.
