VOL. XXXVII
NO. 38
20-JUNE-1994
Financial and Banking News
Capital Markets
Local Financiers To Found Egyptian Investment Fund
The Cairo-based International Securities Group (ISG), Kidder Peabody andthe International Finance Corporation (IFC) are working to set up a fund toinvest in Egyptian shares and companies. The group is hoping to raise$50mn-100mn and the first closing date is expected to be in August/September.The fund will last for seven years with three optional one-year extensions. Itwill...
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