Paid Capital

World Bank shareholders back $13 billion capital increase

Sun, 22 Apr 2018 - 08:24 GMT

The bank agreed to change IBRD’s lending rules to charge higher rates for developing countries with higher incomes, to discourage them from excessive borrowing.

Etisalat Misr raises its capital to LE 19B

Wed, 14 Feb 2018 - 12:07 GMT

Etisalat Misr announced the shareholders’ approval to increase its paid capital by 23.16 percent or LE 4.5 billion, to reach LE 19.43 billion.