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2026-10-20T11:14:40.000Z

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Planning Minister reviews Asset Utilization

Planning Minister reviews Asset Utilization

The Minister of Planning and Economic Development, Ahmed Rustom, chaired a meeting to discuss the optimal utilization of the National Investment Bank's assets after resolving approximately 400 billion Egyptian pounds in financial obligations with multiple entities. The goal was to strengthen the bank’s financial position and restore its developmental and investment role. During the meeting, the assets transferred to the bank's ownership were reviewed, and an agreement was reached to study mechanisms and partnerships with the private sector to maximize returns from these assets. This effort is part of the restructuring plan that successfully corrected financial situations and supported economic development. These measures are part of the state's ongoing efforts to address unresolved issues and invigorate the bank’s role as a key developmental institution.

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