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News

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(2014-11-27) Univert Food Industries rights issue 94.4% covered
Univert Food Industries (UNFO) managed to raise LE19.27 million out of the targeted LE20.4 million through the rights issue which opened on Oct 26 and closed on Nov 24. A total of 19.271 million shar...

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(2014-11-27) EFIC receives final approval on Ain Sokhna complex
Egyptian Financial and Industrial (EFIC) received the final approval for its planned 256,157 square meters complex in Ain Sokhna, it said in a bourse statement. The firm said the estimated investment...

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(2014-11-27) Minapharm Pharmaceuticals net profit down 11.5% in 9 months
Minapharm Pharmaceuticals (MIPH) reported a 11.5% drop in net profit in the first nine months of the year. Net profit were LE49.58 million, down from LE56 million in the year-ago period....

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(2014-11-27) Financial regulator approves Abraaj request to raise offer for Bisco Misr
Egyptian financial regulator have given the go-ahead to Abraaj Investment Management to adjust its bid for Egypt's Bisco Misr (BISM) to LE80.58 per share, 2% over Kellogg's offer of LE79 per share. E...

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(2014-11-26) Amer Group gets go-ahead on the split from EGX listing committee
Egypt's stock exchange listing committee approved terms of the planned split into two companies by Amer Group (AMER), to create more opportunities for its development business and boost trading in its...

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