Egyptian Modern Education Systems (Photo Credit: Reuters Arabia)
Egyptian Modern Education Systems
MOED
-0.59%
0.34
-0.00
MOED
Cairo – Mubasher: Egyptian Modern Education Systems said its CEO and managing director, Walid Youssef gave a nod to obtain a credit facility of EGP 10 million.
The company said its upcoming general meeting will discuss the repayment method of the expected loan.
Egyptian Modern Education Systems saw a slide of 36% in its net profits for the fiscal year 2015/16.
Source:
Mubasher