{"id":626022,"date":"2018-08-28T03:41:19","date_gmt":"2018-08-28T03:41:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/aind-files-request-to-fra-for-capital-reduction\/"},"modified":"2018-08-28T03:41:19","modified_gmt":"2018-08-28T03:41:19","slug":"aind-files-request-to-fra-for-capital-reduction","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/aind-files-request-to-fra-for-capital-reduction\/","title":{"rendered":"AIND files request to FRA for capital reduction"},"content":{"rendered":"

Arabia Investment and Development Holding\u2019s (AIND) board of directors submitted a request<\/a> to the Financial Regulatory Authority for a capital reduction to EGP 144 mn from EGP 480 mn. The company\u2019s board of directors approved last week a decision<\/a> to reduce both issued and authorized capital by EGP 336 mn to EGP 144.2 mn, and EGP 4.6 bn to EGP 1.4 bn, respectively, through a 70% reduction in the share\u2019s par value.<\/p>\n","protected":false},"excerpt":{"rendered":"

Arabia Investment and Development Holding\u2019s (AIND) board of directors submitted a request to the Financial Regulatory Authority for a capital reduction to EGP 144 mn from EGP 480 mn. The company\u2019s board of directors approved last week a decision to reduce both issued and authorized capital by EGP 336 mn to EGP 144.2 mn, and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9315],"tags":[72,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626022","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"4f504ed2-307b-4c77-9c8c-a012a5d2c12d","order":"0","is_powered_by":true,"section_story_id":"d9757296-3e44-444a-a04b-59f84fb95102","story_type":"1","photo_url":"","photo_position":"above","related_issue":[625991],"teaser":"","voice_url":""},"yoast_head":"\nAIND files request to FRA for capital reduction - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/aind-files-request-to-fra-for-capital-reduction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AIND files request to FRA for capital reduction\" \/>\n<meta property=\"og:description\" content=\"Arabia Investment and Development Holding\u2019s (AIND) board of directors submitted a request to the Financial Regulatory Authority for a capital reduction to EGP 144 mn from EGP 480 mn. The company\u2019s board of directors approved last week a decision to reduce both issued and authorized capital by EGP 336 mn to EGP 144.2 mn, and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/aind-files-request-to-fra-for-capital-reduction\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-28T03:41:19+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/aind-files-request-to-fra-for-capital-reduction\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/aind-files-request-to-fra-for-capital-reduction\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"AIND files request to FRA for capital reduction\",\"datePublished\":\"2018-08-28T03:41:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/aind-files-request-to-fra-for-capital-reduction\/\"},\"wordCount\":76,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/aind-files-request-to-fra-for-capital-reduction\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/aind-files-request-to-fra-for-capital-reduction\/\",\"name\":\"AIND files request to FRA for capital reduction - 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