{"id":641098,"date":"2017-09-12T04:01:12","date_gmt":"2017-09-12T04:01:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/12\/al-ahly-converting-10-of-its-shares-in-amoc-shares-to-gdrs\/"},"modified":"2017-09-12T04:01:12","modified_gmt":"2017-09-12T04:01:12","slug":"al-ahly-converting-10-of-its-shares-in-amoc-shares-to-gdrs","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/12\/al-ahly-converting-10-of-its-shares-in-amoc-shares-to-gdrs\/","title":{"rendered":"Al Ahly converting 10% of its shares in AMOC shares to GDRs"},"content":{"rendered":"

Al Ahly Capital is actually intending on converting 10% of its shares in Alexandria Mineral Oils Company (AMOC) to Global Depository Receipts (GDR) by the end of 2017, a senior official from the company tells Al Shorouk<\/a>. It had previously been reported<\/a> that Al Ahly will convert 39.5% of their stake in AMOC (or 10% of the company) to GDRs in early 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"

Al Ahly Capital is actually intending on converting 10% of its shares in Alexandria Mineral Oils Company (AMOC) to Global Depository Receipts (GDR) by the end of 2017, a senior official from the company tells Al Shorouk. It had previously been reported that Al Ahly will convert 39.5% of their stake in AMOC (or 10% […]<\/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-641098","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"8644f0c9-1851-4d05-8666-372da8be2bb2","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[641058],"teaser":"","voice_url":""},"yoast_head":"\nAl Ahly converting 10% of its shares in AMOC shares to GDRs - 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\/12\/al-ahly-converting-10-of-its-shares-in-amoc-shares-to-gdrs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Al Ahly converting 10% of its shares in AMOC shares to GDRs\" \/>\n<meta property=\"og:description\" content=\"Al Ahly Capital is actually intending on converting 10% of its shares in Alexandria Mineral Oils Company (AMOC) to Global Depository Receipts (GDR) by the end of 2017, a senior official from the company tells Al Shorouk. It had previously been reported that Al Ahly will convert 39.5% of their stake in AMOC (or 10% […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/12\/al-ahly-converting-10-of-its-shares-in-amoc-shares-to-gdrs\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-12T04:01:12+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\/09\/12\/al-ahly-converting-10-of-its-shares-in-amoc-shares-to-gdrs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/12\/al-ahly-converting-10-of-its-shares-in-amoc-shares-to-gdrs\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Al Ahly converting 10% of its shares in AMOC shares to GDRs\",\"datePublished\":\"2017-09-12T04:01:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/12\/al-ahly-converting-10-of-its-shares-in-amoc-shares-to-gdrs\/\"},\"wordCount\":69,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/12\/al-ahly-converting-10-of-its-shares-in-amoc-shares-to-gdrs\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/12\/al-ahly-converting-10-of-its-shares-in-amoc-shares-to-gdrs\/\",\"name\":\"Al Ahly converting 10% of its shares in AMOC shares to GDRs - 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Al Ahly Capital\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":637193,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/al-ahly-to-convert-50-of-their-amoc-stake-to-gdrs\/","url_meta":{"origin":641098,"position":1},"title":"Al Ahly to convert 50% of their AMOC stake to GDRs","author":"enterpriseam admin","date":"9 November 2017","format":false,"excerpt":"Al Ahly Capital is planning on converting 50% of their stake in Alexandria Mineral Oils Company (AMOC) into GDRs, according to Al Borsa. Al Ahly owns 25.3% of AMOC. Reports of the size of the stake Al Ahly are converting to GDRs have varied in the last few months. AMOC\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":651207,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/amoc-to-issue-gdrs\/","url_meta":{"origin":641098,"position":2},"title":"AMOC to issue GDRs","author":"enterpriseam admin","date":"7 February 2017","format":false,"excerpt":"The Alexandria Mineral Oils Company (AMOC) board has approved converting 10% of the company\u2019s shares into GDRs, Al Mal reported. We had earlier reported that the company could be offering an additional 10-20% of its shares in 2017, having originally floated 20% of its shares in 2014.","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":643110,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/30\/amoc-studying-investing-usd-500-mn-on-fuel-oil-refining-complex\/","url_meta":{"origin":641098,"position":3},"title":"AMOC studying investing USD 500 mn on fuel oil refining complex","author":"enterpriseam admin","date":"30 August 2017","format":false,"excerpt":"INVESTMENT WATCH- State-owned Alexandria Mineral Oils Company (AMOC) is considering spending USD 500 mn on a fuel oil refining project, chairman Amr Mostafa tells Al Mal. Technical studies are being drafted and are expected to be completed before year-end. The company is also issuing a tender for the development of\u2026","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":641693,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/nasdaq-dubai-invites-amoc-to-list-with-it\/","url_meta":{"origin":641098,"position":4},"title":"NASDAQ Dubai invites AMOC to list with it","author":"enterpriseam admin","date":"28 September 2017","format":false,"excerpt":"NASDAQ Dubai has invited Alexandria Mineral Oils Company(AMOC) to list on their exchange, according to Al Borsa. AMOC reps tell the newspaper that no actual offer was presented at the moment. They added that any decision in that direction would have to be approved by both the Oil Ministry and\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":650416,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/amoc-taps-bank-of-new-york-as-advisor-on-gdr-issuance\/","url_meta":{"origin":641098,"position":5},"title":"AMOC taps Bank of New York as advisor on GDR issuance","author":"enterpriseam admin","date":"23 March 2017","format":false,"excerpt":"The Board of state-owned Alexandria Mineral Oils Company (AMOC) has reportedly decided to tap BNY Mellon to run its GDR program and expects to ink an agreement with the bank next week, Al Shorouk reports, citing an unnamed source at AMOC. The company is reportedly speaking with Baker McKenzie about\u2026","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641098","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=641098"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641098\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/641058"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=641098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=641098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=641098"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=641098"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=641098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}