Capital increase | Egypt Oil & Gas

Petromaint Sees Capital Increase, Gearing Up for Expansion of its Business

Petromaint company announced that it has conducted its general assembly meeting to discuss several topics including the increase of its capital from EGP 300 million to EGP 1 billion.

SIDPEC to Boost Capital by EGP 301.4 Million, Backed by FY 2023 Profits

During the general assembly, Mohamed Ibrahim, the Chairman of Sidi Kerir Petrochemicals Company (SIDPEC) presented the proposal, which was approved by the attendees, of increasing the company capital by EGP 301.4 ...

Moroccan Oil Refiner Samir Gets Backing for Key Capital Increase

Moroccan oil refiner Samir said it has won the backing of its extraordinary general assembly for a capital increase of $1.04b in an effort to end the company's financial difficulties.

Morocco Oil Refiner Plans Capital Increase to End Crisis

Morocco oil refiner Samir informed it was planning a capital increase of $1.04b in an effort to end the company's financial difficulties. As Morocco's only refinery, its closure would make the country entirely relian ...

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