{"id":635492,"date":"2017-12-05T03:53:17","date_gmt":"2017-12-05T03:53:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/"},"modified":"2017-12-05T03:53:17","modified_gmt":"2017-12-05T03:53:17","slug":"orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/","title":{"rendered":"Orange Egypt\u2019s EGM approves capital increase to EGP 16.4 bn"},"content":{"rendered":"<p>Orange Egypt\u2019s general assembly approved a capital increase yesterday to EGP 16.4 bn from EGP 1 bn through the issuance of new shares, <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/210610_1.pdf\">according to a bourse filing (pdf)<\/a>. The company\u2019s board had signed off on the move <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/06\/orange-egypts-board-approves-major-capital-increase-through-additional-share-issuance\/\">early last month<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Orange Egypt\u2019s general assembly approved a capital increase yesterday to EGP 16.4 bn from EGP 1 bn through the issuance of new shares, according to a bourse filing (pdf). The company\u2019s board had signed off on the move early last month.<\/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":[9290],"tags":[72,2369],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635492","post","type-post","status-publish","format-standard","hentry","category-telecoms-ict","tag-enterpriseam","tag-telecoms-ict","wpautop","entry"],"acf":{"mongo_id":"e8b14a50-6a8d-42ef-9c25-27c326c635c1","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[635454],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Orange Egypt\u2019s EGM approves capital increase to EGP 16.4 bn - 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\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orange Egypt\u2019s EGM approves capital increase to EGP 16.4 bn\" \/>\n<meta property=\"og:description\" content=\"Orange Egypt\u2019s general assembly approved a capital increase yesterday to EGP 16.4 bn from EGP 1 bn through the issuance of new shares, according to a bourse filing (pdf). The company\u2019s board had signed off on the move early last month.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-05T03:53:17+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\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Orange Egypt\u2019s EGM approves capital increase to EGP 16.4 bn\",\"datePublished\":\"2017-12-05T03:53:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/\"},\"wordCount\":51,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Telecoms + ICT\"],\"articleSection\":[\"Telecoms + ICT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/\",\"name\":\"Orange Egypt\u2019s EGM approves capital increase to EGP 16.4 bn - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-12-05T03:53:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Orange Egypt\u2019s EGM approves capital increase to EGP 16.4 bn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Orange Egypt\u2019s EGM approves capital increase to EGP 16.4 bn - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/","og_locale":"en_US","og_type":"article","og_title":"Orange Egypt\u2019s EGM approves capital increase to EGP 16.4 bn","og_description":"Orange Egypt\u2019s general assembly approved a capital increase yesterday to EGP 16.4 bn from EGP 1 bn through the issuance of new shares, according to a bourse filing (pdf). The company\u2019s board had signed off on the move early last month.","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-12-05T03:53:17+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Orange Egypt\u2019s EGM approves capital increase to EGP 16.4 bn","datePublished":"2017-12-05T03:53:17+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/"},"wordCount":51,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","Telecoms + ICT"],"articleSection":["Telecoms + ICT"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/","name":"Orange Egypt\u2019s EGM approves capital increase to EGP 16.4 bn - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-12-05T03:53:17+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/05\/orange-egypts-egm-approves-capital-increase-to-egp-16-4-bn\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Orange Egypt\u2019s EGM approves capital increase to EGP 16.4 bn"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":635596,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/fra-approves-oranges-capital-increase\/","url_meta":{"origin":635492,"position":0},"title":"FRA approves Orange\u2019s capital increase","author":"enterpriseam admin","date":"7 December 2017","format":false,"excerpt":"The Financial Regulatory Authority (FRA) approved Orange Egypt\u2019s capital increase to EGP 16.4 bn from EGP 1 bn, according to Al Borsa. The ex-rights date has been set for end of trading on 24 December. The company approved the capital increase in their EGM on 4 December. Orange has also\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634265,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/orange-to-buy-back-its-shares-if-its-capital-increase-does-not-meet-egx-requirements\/","url_meta":{"origin":635492,"position":1},"title":"Orange to buy back its shares if its capital increase does not meet EGX requirements","author":"enterpriseam admin","date":"10 January 2018","format":false,"excerpt":"Orange Egypt will buy up its own shares at fair value if its capital increase does not meet EGX requirements and the bourse forces it to delist, the company said in a statement to the bourse. The company is still studying its planned additional share issuance to ensure its compliance\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":633182,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/28\/egx-approves-oranges-egp-15-4-capital-increase\/","url_meta":{"origin":635492,"position":2},"title":"EGX approves Orange\u2019s EGP 15.4 capital increase","author":"enterpriseam admin","date":"28 February 2018","format":false,"excerpt":"The EGX listing committee approved yesterday Orange\u2019s request to increase its issued capital to EGP 16.4 bn from EGP 1 bn, according to an EGX filing. The EGP 15.4 bn capital increase will be by financed through a rights issue to existing shareholders. The new shares will be added to\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635056,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/orange-successfully-completes-capital-increase-to-egp-16-4-bn\/","url_meta":{"origin":635492,"position":3},"title":"Orange successfully completes capital increase to EGP 16.4 bn","author":"enterpriseam admin","date":"31 January 2018","format":false,"excerpt":"Orange successfully completes capital increase to EGP 16.4 bn: Orange Egypt\u2019s capital increase was 99.49% subscribed when it closed on Sunday, the company said in a bourse filing yesterday. The transaction brings its total issued capital to EGP 16.4 bn from EGP 1 bn in compliance with new listing requirements\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594983,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/12\/telecom-egypt-to-begin-working-on-egp-40-bn-new-capital-it-network\/","url_meta":{"origin":635492,"position":4},"title":"Telecom Egypt to begin working on EGP 40 bn new capital IT network","author":"enterpriseam admin","date":"12 September 2019","format":false,"excerpt":"Telecom Egypt (TE) will begin working on a EGP 40 bn (c. USD 2.4 bn) project to develop a telecommunications network in the new administrative capital, cabinet said in a statement. TE will build and operate the city\u2019s tech and digital security infrastructure under an agreement signed between the state-owned\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625621,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/orange-egypts-new-mobile-phone-line-sales-drop-30\/","url_meta":{"origin":635492,"position":5},"title":"Orange Egypt\u2019s new mobile phone line sales drop 30%","author":"enterpriseam admin","date":"9 August 2018","format":false,"excerpt":"Orange Egypt\u2019s sales of new mobile phone lines have dropped 30% after the the government\u2019s decision to hike regulatory fees for new lines to EGP 70 from EGP 20 in June, CEO Yasser Shaker tells Tahrir News. Industry insiders had previously claimed that the fee hike would result in EGP\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/635492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=635492"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/635492\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/635454"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=635492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=635492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=635492"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=635492"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=635492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}