Islamic Development Bank invests $3.7 bln in #Egypt: official

The volume of Islamic Development Bank (IDB)'s investments in Egypt currently amounts to US$3.7 billion. The statement was made by Nazih Al-Nasser, director of asset management and advisory activities of the Islamic Corporation for the Development of the Private Sector (ICD). He made his remarks in Cairo on Tuesday during a conference organised by the Egyptian Banking Institute, designated to focus on the role of the small and medium-sized enterprises (SMEs).