EFG Hermes, CI Capital, Beltone acquire 9.9% of Egypt’s commodities exchange
The new commodities exchange will help regulate prices in the local market
By Staff Writer, Mubasher
Cairo – The Egyptian Financial Group Hermes Holding (EFG Hermes), CI Capital Holding For Financial Investments, and Beltone Financial Holding acquired 9.9% or 9 million shares of the company managing the Egyptian Commodities Exchange, an official document showed on Thursday.
The Egyptian Commodities Exchange's management firm has been established at a capital of EGP 91 million which will be held by several entities.
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