By: Islam Fadl
Cairo – Mubasher: National Investment Bank (NIB) is set to complete the final procedures to launch an investment fund intended to support education, the bank’s vice chairman Mahmoud Montasser told Mubasher.
The bank has already received the Egyptian Financial Regulatory Authority’s (FRA) approval to launch the fund, Montasser added, refusing to disclose the capital of the investment fund.
The return on the fund will be donated to support the education system in the most populous Arab nation, he noted.
