{"id":647984,"date":"2017-05-24T04:11:38","date_gmt":"2017-05-24T04:11:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/"},"modified":"2017-05-24T04:11:38","modified_gmt":"2017-05-24T04:11:38","slug":"egx-approves-cib-capital-increase","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/","title":{"rendered":"EGX approves CIB capital increase"},"content":{"rendered":"

The EGX approved<\/a> CIB\u2019s issued and paid-up capital increase to EGP 11.62 bn from EGP 11.54 bn. The capital increase is issued as part of the bank\u2019s stock option compensation plan.<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGX approved CIB\u2019s issued and paid-up capital increase to EGP 11.62 bn from EGP 11.54 bn. The capital increase is issued as part of the bank\u2019s stock option compensation plan.<\/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-647984","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"ec646c47-e8b1-4114-b5a6-c4032f866428","order":"0","is_powered_by":true,"section_story_id":"5e1b3bd7-901f-46c7-a5dc-b2576a4280f3","story_type":"1","photo_url":"","photo_position":"above","related_issue":[647947],"teaser":"","voice_url":""},"yoast_head":"\nEGX approves CIB capital increase - 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\/05\/24\/egx-approves-cib-capital-increase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGX approves CIB capital increase\" \/>\n<meta property=\"og:description\" content=\"The EGX approved CIB\u2019s issued and paid-up capital increase to EGP 11.62 bn from EGP 11.54 bn. The capital increase is issued as part of the bank\u2019s stock option compensation plan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-24T04:11:38+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\/05\/24\/egx-approves-cib-capital-increase\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EGX approves CIB capital increase\",\"datePublished\":\"2017-05-24T04:11:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/\"},\"wordCount\":36,\"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\/05\/24\/egx-approves-cib-capital-increase\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/\",\"name\":\"EGX approves CIB capital increase - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-05-24T04:11:38+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EGX approves CIB capital increase\"}]},{\"@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":"EGX approves CIB capital increase - 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\/05\/24\/egx-approves-cib-capital-increase\/","og_locale":"en_US","og_type":"article","og_title":"EGX approves CIB capital increase","og_description":"The EGX approved CIB\u2019s issued and paid-up capital increase to EGP 11.62 bn from EGP 11.54 bn. The capital increase is issued as part of the bank\u2019s stock option compensation plan.","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-05-24T04:11:38+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\/05\/24\/egx-approves-cib-capital-increase\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"EGX approves CIB capital increase","datePublished":"2017-05-24T04:11:38+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/"},"wordCount":36,"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\/05\/24\/egx-approves-cib-capital-increase\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/","name":"EGX approves CIB capital increase - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-05-24T04:11:38+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egx-approves-cib-capital-increase\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"EGX approves CIB capital increase"}]},{"@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":600525,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/31\/egx-approves-issued-capital-increase-for-cib-orascom-development\/","url_meta":{"origin":647984,"position":0},"title":"EGX approves issued capital increase for CIB, Orascom Development","author":"enterpriseam admin","date":"31 January 2019","format":false,"excerpt":"The EGX has approved CIB\u2019s c.EGP 2.92 bn issued capital increase, according to a bourse statement (pdf). The EGX also signed off on a EGP 22.16 mn issued capital increase for Orascom Development Egypt (pdf) and a EGP 500 mn authorized capital increase by 500 mn for Oriental Weavers (pdf).","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":624503,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/phd-to-increase-issued-and-authorized-capital-by-egp-1-5-bn-and-egp-4bn\/","url_meta":{"origin":647984,"position":1},"title":"PHD to increase issued and authorized capital by EGP 1.5 bn and EGP 4bn","author":"enterpriseam admin","date":"10 September 2018","format":false,"excerpt":"Palm Hills Development\u2019s EGM agreed yesterday to increase issued capital by EGP 1.5 bn and authorized capital to EGP 10 bn from EGP 6 bn through the issuance of new shares to existing shareholders, according to an EGX disclosure (pdf).","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":640934,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/07\/qnb-capital-increase-approved\/","url_meta":{"origin":647984,"position":2},"title":"QNB capital increase approved","author":"enterpriseam admin","date":"7 September 2017","format":false,"excerpt":"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\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":631137,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/fra-approves-capital-increase-requests-from-mnhd-porto-group-eg-bank-naeem-holding\/","url_meta":{"origin":647984,"position":3},"title":"FRA approves capital increase requests from MNHD, Porto Group, EG Bank, Naeem Holding","author":"enterpriseam admin","date":"11 March 2018","format":false,"excerpt":"The Financial Regulatory Authority (FRA) approved on Thursday EG Bank\u2019s request to raise its issued capital USD 22.5 mn to reach USD 365.3 mn, to be funded through its 2017 earnings, according to an EGX statement (pdf). The FRA also approved Naeem Holding\u2019s request for a USD 21.9 mn 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":641198,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/14\/egypt-aluminum-planning-a-egp-450-mn-capital-increase\/","url_meta":{"origin":647984,"position":4},"title":"Egypt Aluminum planning a EGP 450 mn capital increase","author":"enterpriseam admin","date":"14 September 2017","format":false,"excerpt":"Egypt Aluminum is planning a rights issue, nearly doubling its capital to EGP 1 bn from EGP 550 mn, according to an EGX statement.","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":593207,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/20\/cib-applies-for-authorized-paid-in-capital-increase\/","url_meta":{"origin":647984,"position":5},"title":"CIB applies for authorized, paid-in capital increase","author":"enterpriseam admin","date":"20 November 2019","format":false,"excerpt":"CIB submitted a request to the EGX on Monday to raise its authorized capital to 50 mn from 20 mn, and its paid-in capital to EGP 14.69 from 14.56 bn.","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647984","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=647984"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647984\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/647947"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=647984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=647984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=647984"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=647984"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=647984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}