Arab Finance: The board of directors of El Orouba Securities Brokerage (EOSB) has approved raising the company’s issued capital by EGP 5 million, according to the meeting minutes filed to the Egyptian Exchange (EGX) on March 12^th.

Hence, the issued capital will be increased to EGP 29.5 million from EGP 24.5 million.

The decision is subject to the approval of the upcoming extraordinary general meeting (EGM).