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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Al Sisi endorses the "Egypt Fund" with a capital of 200 billion

    Rocky
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    Al Sisi endorses the "Egypt Fund" with a capital of 200 billion Empty Al Sisi endorses the "Egypt Fund" with a capital of 200 billion

    Post by Rocky Mon Aug 20, 2018 3:16 am

    Al Sisi endorses the "Egypt Fund" with a capital of 200 billion

    08:29 - 20/08/2018
    0


    Al Sisi endorses the "Egypt Fund" with a capital of 200 billion %D8%A7%D9%84%D8%B3%D9%8A%D8%B3%D9%8A-3-696x435
    Information / Baghdad ..
    Egyptian President Abdel Fattah al-Sisi on Sunday approved a law establishing the "Egypt Fund" with a capital of 200 billion Egyptian pounds, after its approval by the House of Representatives.
    Under this law, a sovereign fund called the "Egypt Fund" is established and has an independent corporate body and is headquartered in Cairo Governorate.
    The Fund aims to contribute to sustainable economic development through managing its assets and assets and optimizing them in accordance with the best international standards and rules to increase their value for future generations. In this way, the Fund can cooperate with Arab and foreign counterpart funds and financial institutions.
    The authorized capital of the Fund is LE 200 billion and its issued capital is LE 5 billion, of which LE 1 billion will be paid from the State Treasury at the time of incorporation. The remainder will be paid in accordance with the investment opportunities plans provided by the Fund within three years from the date of incorporation. The state has private ownership





    http://www.almaalomah.com/2018/08/20/336734/
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