Cairo – Mubasher: The ordinary general meeting (OGM) of Al Khair River for Development Agricultural Investment and Environmental Services Company (Nahr Elkhair) approved raising the capital of its 57.28%-owned subsidiary, Al Ahly Group for Modern Agriculture, by EGP 40 million.
Al Ahly Group’s capital will be increased to EGP 100 million from EGP 60 million, according to a bourse statement on Monday.
Nahr Elkhair will contribute EGP 22.91 million to Al Ahly Group's capital hike.
