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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’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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