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FRA approves capital increase for Arab Developers Holding Company

Businessmen Team banks-exchange 21 December 2025 11:13 PM
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FRA approves capital increase for Arab Developers Holding Company

The Financial Regulatory Authority (FRA) approved the publication of Arab Developers Holding Company’s disclosure report regarding the company’s capital increase.

The disclosure report outlines the procedures to raise the company’s issued capital in cash from EGP 1.39 billion to EGP 2.39 billion.

The increase, amounting to EGP 1 billion, will be distributed across 10 billion ordinary shares with a par value of EGP 0.10 per share, in addition to issuance expenses of 1% of the par value for each share.

The capital increase will be settled by inviting existing shareholders to subscribe according to their ownership percentages, with subscription rights traded separately from the original shares.