Capital Increase

Egypt's KarmSolar aims to raise $80M in financing round to increase its capital

Tue, 30 Aug 2022 - 03:00 GMT

The private power utility and solar energy company clarified in a press release that the new investment round is supported by US-based Synergy Consulting as the sell-side advisor.

Vodafone Egypt signs MOU to raise stake in Bee, Masary Companies

Wed, 24 Feb 2021 - 12:05 GMT

The MOU signing marks the beginning of due diligence process for the companies, in one of the most significant deals in the Egyptian digital financial services market.

Export Development Bank requests listing capital hike shares

Sun, 06 Aug 2017 - 03:33 GMT

The bank raised its capital from LE 228 million to LE 1.728 billion ($12.8 million to $97.2 million) from LE 1.440 billion, distributed over 28.8 million shares.