Investment Funds
The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Wednesday's trading amid sales by local institutions and investment funds.
Establishing investment funds for micro-financing is strongly needed in Egypt to attract more social investments.
Deputy Tourism Minister Adela Ragab on Wednesday met a delegation comprising directors of major investment funds in North Africa and the Middle East.
Investment, insurance and pension funds achieve good return, although their current rates do not exceed 1 percent of insurance allocations.
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