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» MCDR's General Assembly Meeting 2018
On Sunday 25th March 2018, MCDR held its annual general assembly meeting at the Helnan Hotel Land Mark, the fifth settlement, with the presence of Mr. Mohamed Abdel Salam – Chairman and Managing Director, Dr. Tarek Abdel Bary – Deputy Chairman and Managing Director and all the board members. Mr. Mohamed reviewed the company's activity report and the financial status of MCDR in 2017. Besides, Mr. Mohamed along with the board members sighted the developed parts in the Land Mark.
» MCDR targeting the registry of 130 thousand companies in depository system
During the third Annual Summit of Capital Market, organized by EG- Finance, MCDR Chairman, Mr. Mohamed Abdel Salam declared that the new investment law obliges shareholder companies to register in the central depository system within a period of one year. Mr. Abdel Salam also stated during the summit that the mentioned period is tight with regard to state conciliation, which requires addressing the companies without any delay, and promptly preparing the internal environment of companies in order to facilitate the applied procedures. Mr. Abdel Salam added that the number of shareholder companies is currently between 120 and 140 thousand companies, whereas 1800 companies got registered in the central depository system. He clarified that the number of Egyptian shareholder companies targeted for registry is 130 thousand companies, and that MCDR is proceeding with registering the rest of companies
» MCDR’s Social Responsibility
MCDR is committed to its effective role towards the society, and accordingly the general assembly of MCDR’s shareholders annually donates quite a good share of the company’s profits to charity organizations. MCDR established a number of charitable and social activities in Upper Egypt, in cooperation with Rotary Club Cairo South, for example:
The surgery convoy in Sohag, 1-4 November 2017
• 98 cataract surgeries
• 3 Open heart surgeries
• 3 Open heart surgeries for children...
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