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20 November 01:21 PM

General Assembly

Photo Archive
22 October 12:00 AM Sidpec’s shareholders approve capital hike to EGP 2.2bn
Cairo - Mubasher: The shareholders of Sidi Kerir Petrochemicals Company (Sidpec) greenlighted a capital increase to EGP 2.26 billion from EGP 1.81 billion.The EGP 453.60 million raise will be executed through the issuance of 226.80 million new shares
Management Decisions
Photo Archive
13 October 12:00 AM Macro Group’s shareholders greenlight EGP 570m capital increase
Cairo - Mubasher: The extraordinary general meeting (EGM) of Macro Group approved increasing the issued capital by EGP 570.20 million to EGP 684.24 million from EGP 114.04 millionThe transaction will be financed in cash through a rights issue, issuin
General Assembly
Photo Archive
12 October 12:00 AM ADNOC’s listed companies mull AED 158bn cash dividends until 2030
Abu Dhabi - Mubasher: ADNOC’s six listed companies target cash dividends valued at AED 158 billion ($43 billion) through to 2030, subject to customary approvals.This is in addition to the AED 86 billion ($23 billion) already paid since the first init
General Assembly
Photo Archive
7 October 12:00 AM Zamil Industrial rebrands as SENAAT to back global expansion
Riyadh - Mubasher: The shareholders of Zamil Industrial Investment Company agreed to change the company’s name to Advanced Building Industries Company (SENAAT ).The rebranding, which was approved on 21 September, aligns with the company’s growth and
General Assembly
Photo Archive
28 September 05:33 PM AMOC unveils EGP 1bn cash dividends for FY24/25
Cairo - Mubasher: The shareholders of Alexandria Mineral Oils Company (AMOC) have approved EGP 1.03 billion cash dividends for the fiscal year (FY) 2024/25. Under its 21st coupon, AMOC will distribute a dividend of EGP 0.80 per share, according to …
Cash Dividends
Photo Archive
28 September 03:35 PM CIB’s shareholders approve EGP 3bn capital increase
Cairo - Mubasher: The shareholders of Commercial International Bank Egypt (CIB) have approved increasing the bank’s issued and paid-in capital to EGP 33.77 billion from EGP 30.70 billion. The EGP 3.07 billion hike will be executed through the …
Banking and Finance