|
Establishing the first guaranteed Egyptian investment fund
Egypt, Business, 1/2/1999
The Egyptian Ahli Bank is currently studying establishing the first guaranteed investment fund in Egypt in association with the international Tojari company for investment, one of the international commercial bank's companies in Egypt. Mohamoud Abd El-Aziz, the manager of the board of directors of the Ahli Bank told ArabicNews.com that the capital of this fund is to be 300 million Egyptian pounds and that the insurance fund for workers at the bank will participate in the fund with 50%, while the Togari company will participate with the remaining percentage with another group of financial and investment foundations.
Previous Stories:
Suez Canal revenues fall in 1998
(12/31/1998)
Cairo: negotiations to establish large road network
(12/12/1998)
Egyptian Orascom floats finance bonds worth 300 million pounds
(12/1/1998)
Establishing four private navigational companies in Egypt
(11/23/1998)
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
|
Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info
|
