CAIRO, July 15, 2018 (MENA) - Approvals granted by Egypt's Financial Supervisory Authority (FSA) to set up new companies or increase capital of existing ones numbered 2,113 with an issued capital of 61.02 billion pounds and paid capital of 25.5 billion pounds during the first four months of 2018 compared to 1,515 in the corresponding period of last year, authority chairman Mohamed Omran said Sunday. In a statement, he said market capital of the Egyptian Exchange hit 1006.2 billion pounds in April, up 3.3 percent from the previous month. Transactions of listed and non-listed securities reached 40.9 billion pounds in April, with their total hitting 138.4 billion pounds by the end of the first four months of 2018 compared to 126.9 billion pounds in the corresponding period of 2017, he added.
