Al Orouba Securities continue in business

Updated 3/31/2021 11:05:00 AM

ArabFinanceAl Orouba Securities Brokerage Company (EOSB) will continue in its business despite that the loss exceeding 50% of its capital, according to the company’s statement to the Egyptian Exchange on March 31st.

The listed company achieved a net profit of EGP 490,647 in 2020, against a net loss of EGP 844,051 in 2019.

Established in 1987 and listed on EGX in 2008, Al Orouba operates within the diversified financial sector, focusing on investment banking and brokerage.