Egypt’s public business sector’s debts delayed restructuring the assets of the National Investment Bank, reported Al-Hayat . Four months ago, a governmental decision was made to restructure the basic system of the National Investment Bank and to transfer the administrative ownership of the bank from the Planning Ministry to the Treasury Ministry. The government is aiming to convert the bank’s activities into commercial ones. — (menareport.com)
© 2002 Mena Report (www.menareport.com)