Egyptian exchange postpones Beltone Financial capital raise

Reuters , Wednesday 25 May 2016

The Egyptian exchange said on Wednesday in a statement it would delay approving Beltone Financial's capital increase request until the company submits reasons for the move.

The board of Egypt's Beltone Financial has requested a EGP 1 billion ($113 million) capital increase, Osama Rashad, head of investor relations, told Reuters on Tuesday. 

Short link: