The number of companies established in Egypt climbed positively reaching 1048 companies in July, according to a report issued Wednesday by the Central Agency for Public Mobilization and Statistics (CAPMAS). This month witnessed a huge rise in the number of the Egyptian companies compared to the same period in 2014 which recorded only 730 companies, CAPMAS said, revealing that total number of established companies is 4776 during last five months. The agency added, in its report, that the total capital of the companies established in May hit EGP 2048 million, with Egyptian shares of EGP 1679.9 million.