Egypt: TAWASOA for Factoring obtains EGM’s nod for capital raise

TAWASOA for Factoring will issue 40 million shares, at a nominal value of EGP 1 per share, through the issuance 40 million shares

Staff Writer, Arab Finance

February 5, 2026

PHOTO

The extraordinary general meeting (EGM) of TAWASOA for Factoring approved increasing the issued and paid-up capital to EGP 115 million from EGP 75 million, according to a bourse filing.

TAWASOA for Factoring will issue 40 million shares, at a nominal value of EGP 1 per share, through the issuance 40 million shares.

The board members recommended the EGP 40 million capital raise last December.

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