Egyptian Financial Supervisory Authority (EFSA) has approved the dual listing of NAEEM Holding shares (NAHO.CA) on the Abu Dhabi securities exchange. EFSA has approved the dual listing provided that it doesn’t exceed one third of NAEEM Holding paid in capital, equivalent to USD 198.7 Mn.
NAEEM’s EGM held on 10/11/2016 has approved the listing according to article number 25 of EGX listing rules as well as article number 443 for the year 2014.