The Smart Village Development and Management Company plans the ‘Smart Village’ to launch a stake of 30% to 35% of its shares on the Egypt stock exchange, during the first half of 2025, to raise about two billion pounds by increasing the capital of the company, according to people who are familiar with the money market, they have not been published by The Egyptian Holding Company has a Share of 32.1% directly and indirectly in the “Smart Village”, While Youf Al -Far, CEO or “Al -Naeem”, owns 10% of the Shares of the “Smart Village”, and the rest of the shares are distributed between Egyptian Ministries, Raya Holding, and Other Financial Companies and Financial Portfolios. One of the well -known people announced to Al -Sharq that the offer “will be by increasing the capital of the business, with the aim of participating in financing a new smart village in eastern Cairo and financeing the current expansion in western Cairo.” The Smart Village Development and Management Company was founded in November 2001, in accordance with the Public and Private Sector Investment Act, with the aim of developing and managing a chain of brands of business complexes and technological breeding cabinets, as well as to provide the necessary products and services to develop these groups. The last listing of a company in the main market for the Egypt Stock Exchange was last July ‘Act Venangal’.
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