23 Hrs
Source:
المصدر
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National Investment Bank reviews 400bn asset uses
The article focused on the efforts of the National Investment Bank to leverage assets valued at approximately 400 billion Egyptian pounds, following the signing of financial settlement agreements with multiple entities, including the New Urban Communities Authority, the National Media Authority, water companies, and others, to transfer ownership of some assets to the bank. This move aims to strengthen the bank's financial position, correct its financial status, and encourage partnerships with the private sector to achieve new returns and provide the necessary liquidity to support development and the country's investment plan. This is part of a restructuring plan that has successfully improved the bank's financial situation and overcome obstacles, with an emphasis on utilizing assets to maximize benefits and promote sustainable economic growth.
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