Egypt launches its first cash fund Seyola that invests in financial instruments

EGYPT – The government of Egypt, through the Minister of Planning and Economic Development and Chairperson of the Board of Directors of the National Investment Bank (NIB), Hala El Said, has announced the rolling out of subscription in ‘Seyola’ cash investment fund, which is its first cash fund that allows to invest in number of financial instruments. NI Capita company, the NIB’s investment arm,  has launched a Seyola fund, which came within the framework of the strategy of the company to reinforce its role in achieving financial inclusion and developing…

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