Arab Finance: El Nasr For Manufacturing Agricultural Crops’ (ELNA) board of directors approved an EGP 39.346 million increase in issued and paid-up capital, according to a filing to the Egyptian Exchange (EGX) on Monday.

Accordingly, the company’s issued and paid-up capital will be increased to EGP 118 million from EGP 78.654 million.

El Nasr for Manufacturing is an Egypt-based public shareholding company that operates in the food processing sector. It is primarily engaged in the dehydration, distribution, and export of agricultural crops, including onions and other vegetables. The company is also engaged in the manufacture and export of dehydrating equipment and machinery.