Cairo – Mubasher: A total of 307 Egyptian companies raised their capital at a value of EGP 17.5 million in May and June 2016, according to the General Authority for Investment and Free Zones (GAFI) on Saturday.
The companies of the industrial sector came in the first place in capital hiking with a total of EGP 12.9 million in 95 companies, representing 75% of total companies operating in the industrial sector.
Total sum paid for establishing start-up companies and increasing current ones rose 22% in the first quarter of 2016.
