Thndr Claps » EGY Claps » Investment » B Investments is debt-free, says Chairman of the Board💸
The ClapPrivate equity player B Investments’ (BINV) Chairman of the Board Hazem Barakat spoke up about the company’s financial position.
WhatBarakat said the company is debt-free & has no plans to borrow in the future, meaning they’re unaffected by interest rate hikes.
So whatHowever, some of the companies B Investments invests in may be impacted by rising interest rates.
Now whatThe company has a plan to use some of its recent proceeds from their sale of Giza Systems to reward shareholders through dividends & expand into the health & electronic payments sectors.
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