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Egyptian Electricity Transmission raises capital to 30.9B EGP
The extraordinary General Assembly of the Egyptian Electricity Transmission Company decided to increase its capital by 21 billion Egyptian pounds to finance the development of the national electricity grid projects and to support renewable energy capacities, in accordance with the protocol signed in June 2026. Under this decision, the capital was adjusted from approximately 9.97 billion pounds to 30.97 billion pounds, with the number of shares increasing from around 9.97 million to 30.97 million shares, all of which are owned by the state.
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