EMPC approves EGP 150m capital raise for Arabian Hospitality
· Egyptian market news · MPRC
The board members of the Egyptian Media Production City Company (EMPC) greenlighted a capital increase for Arabian Hospitality Company.
The subsidary will raise its issued capital by EGP 150 million to EGP 500 million from EGP 350 million, according to a bourse filing.
Last month, EMPC unveiled plans to achieve EGP 723.58 million in net profits for the year ending on 31 December 2026.
Original source: english.mubasher.info