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CI Capital mulls contributing to Egyptian Commodity Exchange

CI Capital mulls contributing to Egyptian Commodity Exchange
The company’s board of directors will convene on 18 December
CI Capital Holding
CICH
-4.81% 4.55 -0.23

Cairo – Mubasher: CI Capital Holding for Financial Investments currently considers contributing to establishing the Egyptian Commodity Exchange.

The company’s board of directors, set to convene on 18 December, will discuss the potential contribution, in addition to moving the company’s headquarters to the Sixth of October City, according to a statement to the Egyptian Exchange (EGX) on Wednesday.

It is noteworthy that during the first nine months of 2019, CI Capital reported a net profit of EGP 381.07 million, up from EGP 300.95 million in the prior-year period, including minority shareholders’ rights.