Cairo – Mubasher: The Egyptian Exchange’s (EGX) listing committee approved changing the name of Egyptians Abroad for Investment and Development to Odin Investments.

In addition, the EGX’s committee also approved in its meeting on Tuesday raising the company’s authorised capital to EGP 1 billion from EGP 750 million.

The company's name has changed on the EGX’s database on 28 August.   

During the first half of 2019, the company’s net profits slid to EGP 1.55 million in H1-19, compared to EGP 3.05 million in H1-18.