Egypt FRA approves Zahraa Maadi’s $8.38mln capital hike – ZAWYA

Egypt FRA approves Zahraa Maadi’s $8.38mln capital hike – ZAWYA

Cairo - The Egyptian Financial Authority (FRA) approved a request to publish the disclosure form of Zahraa Maadi Investment and Development to increase its issued capital.. The disclosure form included the board of directors' decision dated 10 February to increase the issued capital by EGP 132 million to EGP 264 million from EGP 132 million through the issuance of one bonus share for every share held, according to a bourse statement on Tuesday.. The content of the article is syndicated or provided to this website from an external third party provider.. We are not responsible for, and do not control, such external websites, entities, applications or media publishers..