SODIC to increase issued and paid-in capital

SODIC to bump capital for employee incentive program: SODIC is looking to increase its issued and paid-in capital by EGP 13.56 mn to EGP 1.37 bn to finance its employee incentive and bonus schemes, Al Borsa reported. The Egyptian Exchange is currently processing SODIC’s request for the hike, which will be financed through company reserves.