VOL. XXX

NO. 7

24-NOVEMBER-1986

Financial and Banking News

REGIONAL BANKING

Egyptian Investment Companies under Attack

The Cairo-based Al-Rayan Company for Investment and Finance has reactedstrongly to press reports that it has suffered big losses on precious metalsdealings and in an open letter to the Egyptian President published in the localpress has complained that it has been the victim of attacks by the Central Bankand the public sector commercial banks in the country. As far as regards the...