Financial and Banking News
REGIONAL BANKING
Egyptian Investment Companies 'Make 6% but Pay 30%'
A report prepared by the Egyptian Prime Minister, Mr. Atif Sidqi, on the activities of investment companies in the country has added to the controversy surrounding these companies. According to leaked versions of the Prime Minister's report, the average rate of return on investment projects undertaken by the investment companies is no greater than 62. Nevertheless, these companies...
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