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Country-Plan Projects and Tenders |
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6391 Subject |
50 مليون جنيه استثمارات وتمويل من وزارة تكنولوجيا المعلومات لشركات مختلفة New L.E. 50 million investment fund launched by the Ministry of Communication & Information Technology. |
| Date Published | Thursday, June 24, 2004 |
| Source Name | Al Alam Al Yom |
| Location Name | Country Wide |
| Description | New L.E. 50 million investment fund launched by the Ministry of Communication & Information Technology. The new Fund, to be managed by EFG – Hermes, aims at raising finance to potential IT companies. Shareholders in the Fund, to have its offices at the Smart Village in Sixth of October City, include Telecom Egypt, holding 40 %, also CIB, Misr Iran Bank, Faisal Islamic Bank, Misr Insurance Co., Al Chark Insurance Co. and Egypt Re – Insurance Co., holding 10 % each. |
| Sectors Section |
Beneficiary Sectors - Information Technology & Telecom Computers, Hardware & Software |
