Further to our report Thursday regarding Cairo 's EGP intention to reduce its capital by EGX 185m ( $23.6m ) through the ﻿termination of﻿ treasury stocks, EGP ( EGX ) have announced that they are to closely examine this request from the bank.
Further to our report last Thursday regarding Egypt's EFG Hermes' intention to reduce its capital by EGP 185m ($23.6m) through the ﻿termination of﻿ treasury stocks, the Egyptian Exchange (EGX) have announced that they are to closely examine this request from the bank.