VOL. XXXI

NO. 23

14-MARCH-1988

Financial and Banking News

REGIONAL BANKING

Egyptian Law on Investment Companies Postponed

The draft law which has been prepared to regulate the activities ofinvestment companies in Egypt (MEES, 14 December 1987) is being delayed untilafter current negotiations with the International Monetary Fund (IMF) arecompleted, according to Cairo press reports quoting the Prime Minister, Mr.Atif Sidqi.

The draft law, which has been prepared by the Stock Exchange Authority,would...