Two companies boost capital by EGP 2bn – Ministry

Cairo – Mubasher: Two companies have raised their capital by around EGP 2 billion, along with the establishment of two other firms within six days, the investment and international cooperation ministry said.

Al-Futtaim Commercial & Administrative Centers’ capital was boosted by EGP 1.999 billion, while Kellogg Tolaram Noodles Egypt’s capital was raised by EGP 81.22 million, the ministry added in a statement on Tuesday.

In the same vein, Advanced Capital Group for Educational Services with capital of EGP 400 million was founded, in addition to setting up Lamtec and Smac in the Free Zone at EGP 68.66 million in investments.

Mubasher Contribution Time: 07-May-2019 09:36 (GMT)
Mubasher Last Update Time: 07-May-2019 10:03 (GMT)