10 new companies in the Egyptian stock market

The board of directors of the Egyptian financial market yesterday approved 10 new companies with capital of LE 155.5 million to work in the bank note market. The number of companies registered in the Egyptian stock market has reached 770 companies in comparison to more than 650 at the end of last year.

The board of directors agreed on increasing the capital of eight new companies as well as the 10 that were recently registered to work in the fields of marine transpiration, foreign trade, Middle East industries, exporting foodstuffs and real estate investment.