{"id":640934,"date":"2017-09-07T04:06:49","date_gmt":"2017-09-07T04:06:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/07\/qnb-capital-increase-approved\/"},"modified":"2017-09-07T04:06:49","modified_gmt":"2017-09-07T04:06:49","slug":"qnb-capital-increase-approved","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/07\/qnb-capital-increase-approved\/","title":{"rendered":"QNB capital increase approved"},"content":{"rendered":"

QNB Alahly has received approval to raise its capital to EGP 15 bn from EGP 10 bn, according to the EGX<\/a>. A rights issue from issued and paid up capital of EGP 1.4 bn was also approved. Some 148.3 mn shares are set to be distributed on 24 September with the last day of ownership before ex-rights being 20 September.<\/p>\n","protected":false},"excerpt":{"rendered":"

QNB Alahly has received approval to raise its capital to EGP 15 bn from EGP 10 bn, according to the EGX. A rights issue from issued and paid up capital of EGP 1.4 bn was also approved. Some 148.3 mn shares are set to be distributed on 24 September with the last day of ownership […]<\/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":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-640934","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"96f5d23b-3b9f-49b2-9c68-642488903b2f","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[640897],"teaser":"","voice_url":""},"yoast_head":"\nQNB capital increase approved - 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\/09\/07\/qnb-capital-increase-approved\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QNB capital increase approved\" \/>\n<meta property=\"og:description\" content=\"QNB Alahly has received approval to raise its capital to EGP 15 bn from EGP 10 bn, according to the EGX. A rights issue from issued and paid up capital of EGP 1.4 bn was also approved. 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The money will finance the company\u2019s contracting operations to build multi-purpose towers in New Alamein City.","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575690,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/suez-for-methanol-derivatives-is-looking-for-egp-1-3-bn-loan-for-damietta-plant\/","url_meta":{"origin":640934,"position":1},"title":"Suez for Methanol Derivatives is looking for EGP 1.3 bn loan for Damietta plant","author":"enterpriseam admin","date":"22 October 2020","format":false,"excerpt":"Suez Methanol Derivatives Company is looking to secure a EGP 1.3 bn loan for its new plant Damietta, Al Mal reports. The group is reportedly speaking with CIB and QNB Al Ahli.","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599996,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/earnings-watch-egypts-qnb-al-ahli-reports-net-profit-of-egp-7-2-bn-in-fy-2018\/","url_meta":{"origin":640934,"position":2},"title":"Earnings watch: Egypt\u2019s QNB Al Ahli reports net profit of EGP 7.2 bn in FY 2018","author":"enterpriseam admin","date":"16 January 2019","format":false,"excerpt":"EARNINGS WATCH- QNB Al Ahli reported a net profit of EGP 7.20 bn in FY2018, up 30% y-o-y from EGP 5.52 bn in FY2017, according to QNB's financial statement (pdf).","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652668,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/16\/qnb-to-increase-authorized-and-paid-in-capital-through-bonus-issue\/","url_meta":{"origin":640934,"position":3},"title":"QNB to increase authorized and paid-in capital through bonus issue","author":"enterpriseam admin","date":"16 January 2017","format":false,"excerpt":"Qatar National Bank Alahly (QNBA) received the board of director\u2019s nod to increase its authorized capital by EGP 5 bn to EGP 15 bn, Al Borsa reported. The bank will also increase its issued capital by EGP 1.48 bn to EGP 8.9 bn through the issuance of two bonus shares\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574527,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/13\/whos-in-the-market-for-debt-rooya-monorail-canal-sugar\/","url_meta":{"origin":640934,"position":4},"title":"Who\u2019s in the market for debt? Rooya, monorail, Canal Sugar","author":"enterpriseam admin","date":"13 September 2020","format":false,"excerpt":"Weekends are usually a quiet time for the customary leaks in bankers\u2019 never-ending quest for a bit for PR on the issue of why (may be) loaning what to whom. 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