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FINANCIAL NEWS
Egypt to set up infrastructure investment fund
29 Mar 2016
(MENAFN) The government will establish a dominant wealth fund to invest in infrastructure, which will be owned by the state with subsidiaries funds for many sectors.
Among those sectors are; agriculture, electricity, and industry, while number of Arab investments funds will participate with 50 percent.
Moreover, the country’s plan aims to achieve sustainability in collaboration with private sector and civil society, as well as many global organizations.
Accordingly, Egyptians live on 7 percent of Egypt’s total area, which represents challenge of the slowing economic growth, while it aims to reach economic growth of 6 Pct.
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BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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