Latest news and articles about capital increase from NEX English
The Saudi Capital Market Authority has approved a 100% capital increase for Solutions Company, reflecting a positive trend towards enhancing private sector investments in the Kingdom. This decision is part of the government's efforts to support economic growth and national companies.
The Financial Regulatory Authority has approved the increase of Orascom Development Egypt's capital to <strong>3.65 billion EGP</strong> through the issuance of free shares to shareholders. This increase reflects strong growth in the company's performance, stemming from capitalizing on retained earnings.
Nahr Al-Khayr Development Company announced a successful capital increase subscription of 98.65%, reflecting investor confidence in the company's future. This move aims to enhance its competitive capacity in the market.
Bonyan Development has called for a meeting with its shareholders to discuss increasing capital through the issuance of free shares. This initiative aims to strengthen the company's investor base and support its future growth.
The General Assembly of Sun Pyramids Hotels approved its financial results for the fiscal year ending December 2025, appointing new leadership and extending the company's duration. A temporary halt in operations was also announced due to the metro project.
The Financial Regulatory Authority has approved the capital increase of Bonyan Development and Trade Company through the distribution of free shares. This move reflects the company's strategy to enhance its investor base by capitalizing on a portion of its retained earnings.
The Egyptian Stock Exchange announced that the cash distribution right of <strong>7.1 piasters</strong> per share for <strong>Tawassul for Factoring</strong> will end at the close of trading on <strong>May 4</strong>. A special coupon will be distributed starting <strong>May 7</strong>.
Vertika Industry and Trade Company has announced its decision to increase capital by distributing free shares to shareholders. This move aims to enhance its competitive position in the market.
Egypt Takaful Insurance has announced an increase in its capital to <strong>400 million EGP</strong>, aiming to enhance its competitive capacity in the Egyptian market. This move is part of the company's strategy to expand and improve its insurance services.
The Board of Directors of Riyad Bank has approved a capital increase of <strong>33.33%</strong>, raising the total capital to <strong>40 billion riyals</strong> to enhance financial stability and support operational activities.
Shareholders of Riyad Bank have approved a capital increase to <strong>40 billion Riyals</strong>, reflecting the bank's commitment to enhancing its financial capabilities and sustainable growth.
The General Assembly of Bonyan has decided to increase its capital by issuing free shares, reflecting the company's commitment to enhancing its growth and expanding its investor base. This decision was made during a recent meeting where the company's performance and future plans were discussed.
The extraordinary general assembly of the Saudi Company for Ceramic Pipes has approved a capital increase through the issuance of priority rights shares. This move reflects the company's commitment to enhancing its growth and expanding its operations.
Juhayna Food Industries has announced its approval to increase capital by issuing free shares, reflecting its expansion strategy in the market. This move comes at a time when the company is witnessing significant growth in its financial performance.
The General Assembly of Al Rajhi Bank has recommended distributing profits amounting to <strong>7 billion riyals</strong> and discussed the possibility of increasing capital to enhance future growth. This decision aligns with the bank's strategies to strengthen its competitive capabilities.
The Egyptian government has submitted two international agreements aimed at increasing the capital of the Arab Monetary Fund to the Legislative Affairs Committee of the House of Representatives. This move reflects a commitment to enhancing regional financial cooperation.