Egyptian government approves 30 new companies

A total of 30 new companies were established during the period from June 28 through July 3 with an aggregate capital of LE 680 million.

Ministry of international cooperation and economy companies committee chairman Ahmed Found Attach said that of the 30 companies, 20 are stock companies with a capital of LE 73 million and 10 of limited liability at a capital of LE 12 million.

The new companies' activities are concentrated in trade and contracting domains.