EGX welcomes B Investment to the trading floor

The Egyptian Exchange (EGX) trading platform welcomed B Investment as a new listed company on 29/03/2018. In presence of Mohamed Farid, EGX Chairman, EGX’s top management, B Investments top management. The executed public offerings covered 5 million shares representing 4.27% of the total shares of the company and a total value of 53.7 million Egyptian Pounds. Farid said that the capital markets had an important role to raise funding needed for companies’ expansions in various sectors to achieve strong economic growth on a sustainable basis, and accordingly supporting the governmental economic and social development plan.