Beltone Financial to cancel GDRs system

Wed, 10 Oct 2018 - 03:16 GMT

The company added in a filing to the Egyptian Exchange (EGX) that this decision will be reviewed by the extraordinary general assembly.

AMOC targets LE 1.1B profits in FY2017/18: Chairman

Mon, 25 Sep 2017 - 01:25 GMT

AMOC is waiting for the approval of the Egyptian General Petroleum Corporation (EGPC) to buy condensates from the UAE’s Dana Gas, the chairman said.

Amer Group, BNY Mellon ink deal to issue GDRs

Wed, 09 Aug 2017 - 10:44 GMT

Under the agreement, Amer Group will convert and transfer a part of its issued capital into global depository receipts (GDRs).

Amer, Porto Groups to issue GDRs up to 1/3 of capital

Sun, 30 Jul 2017 - 07:37 GMT

Egypt’s Financial Supervisory Authority approves the issuance of Amer and Porto Groups for global depository receipts (GDRs) up to one-third of their capital.