The world’s population stands at 7.8 billion, with developing countries home to the largest population sizes.
While the majority of start-ups need angel investments to grow, such investors have to be acquainted with exit options.
North Sinai, in northeastern Egypt, has been the only Egyptian governorate to be clear of any cases.
The board of directors of Orascom Investment Holding Company (OIH) proposed an increase in the company's capital to LE 6.25 billion after approval of the acquisition of Nile Sugar Company.
CIB’s issued capital is LE 11.6 billion, distributed over 1.16 billion shares at a nominal value of LE 10 per share.
The board also postponed its extraordinary general meeting (EGM) to Thursday, November 8, for amending some of the decisions issued on June 27, 2016.
The increase will enable NSB to properly fulfill its mission which includes offering soft loans, said Wali, who is also the chairman of NSB.
Subscriptions to the capital raise started on September 5, and closed on October 11, according to the company’s statement.
The assembly also approved to increase the issued capital to LE 3.6 billion from LE 2.5 billion.
Greece’s four biggest banks would lose around 15.5 billion euros worth of their capital by 2020, results of a stress test by the ECB showed.
The increase of the capital will be financed by the company’s reserves.
Tesla Inc will be profitable in the third and fourth quarters of this year and will not have to raise any money from investors.
The loan comes after Orange announced an increase in its paid capital to reach LE 15.3 billion.
The bank holds about 1 percent of the total domestic market.
The rise in the capital is to support the bank’s financial position and to increase the capital adequacy ratio.
Qatar National Bank Alahli (QNB) hired CI Capital to advise it on the sale of a small stake in its Egyptian unit (QNB Alahli).
CI Capital aims to introduce Reefy to its platform of non-banking financial services.
United States President Donald Trump has officially recognized Jerusalem as the capital of Israel Wednesday during a televised speech from the White House.
Some 935 companies were founded in September 2017 with a total capital of LE 2.4 billion.
Under the partnership, Al Rajhi will offers access and execution opportunities for CI Capital's institutional clients.