Riyadh – Mubasher: Jarir Marketing has completed all the governmental procedures required for increasing the capital of Jarir Egypt Financing Leasing Company, a closed joint-stock company incorporated in Egypt.
The unit in Egypt, which is totally owned by Jarir Marketing Company, will raise the capital by 15,900% to EGP 80 million (SAR 28.4 million) from EGP 500,000 (about SAR 80,600), the company said in a bourse filing issued on Tuesday.