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Rasmala launches equity fund in Egypt
- Egypt: Wednesday, September 30 - 2009 at 09:00
Rasmala Investment Bank, headquartered in the Dubai International Financial Centre (DIFC), has launched an equity fund in Egypt that aims to invest in securities of publicly listed companies traded on Egyptian exchanges. The Rasmala Egypt Equity Fund, which will be open for subscriptions on a weekly basis, may also invest in the securities of corporations domiciled in, or with the majority of their operations in Egypt, but are listed on exchanges outside Egypt. The fund's minimum investment is $100,000, the bank said.
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StaffWednesday, September 30 - 2009 at 09:00 UAE local time (GMT+4)
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