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Financial Authority approves 62M EGP for Ajwa'a investors
The General Authority for Financial Supervision announced the disbursement of more than 62 million Egyptian pounds to 5,719 investors in Ajwa Food Industries Company – Egypt. This compensation is for investors who purchased shares during the period from October 2009. This move is part of the Authority’s efforts to protect investors’ rights and enhance confidence in the market, following the completion of legal and procedural measures. This step reaffirms the Authority’s commitment to implementing appeal decisions and safeguarding investors’ rights through a cash settlement mechanism, aiming to ensure that entitlements are paid fairly and transparently.
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