Orascom Investment Holding S.A.E. at its board meeting held on August 14, 2023 approved incorporate a subsidiary with the business activity of Commercial Enterprises & Management under the name of Nubay FZCO, with a paid-up capital of AED 500,000 (AED 1,000 per share), with OIH share to be 285,000, representing 57% of the capital, and to appoint Mr. Marwan Hussein as manager, and delegate Mr. Oussama Nassif to take all necessary actions to implement the Board resolution.
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-18.86% | 35.01M | |
+13.50% | 206B | |
+7.53% | 171B | |
+1.20% | 118B | |
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-29.34% | 39.56B |
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- Orascom Investment Holding S.A.E Approves to Incorporate A Subsidiary