Registration of six new companies in Egyptian stock market

The Egyptian stock market administration has approved the registration of six new companies with a capital of 318.2 million pounds, bringing the number of registered companies to 918, in comparison to 816 companies at the end of last year.

The new companies are the Nile company for dives, Chispy for food industries, Pharous ceramics, Al-Alamia for importing and exporting, El-Kanah for housing and engineering for information systems -- for which there is a closing subscription -- and including one company for Egyptian public work sector which is the Nile Company for Olives.