Egypt: Suez Canal Investment Certificates to Be Released On Monday

Cairo — Egypt will issue the new Suez Canal investment certificates on Monday, September 1, state-run MENA agency reported, adding that the certificates will have a 12 percent yearly interest rate and quarterly dividends.

The four banks of Banque Misr, Banque du Caire, the National Bank of Egypt, and the Suez Canal Bank are the only banks granted the right to issue the certificates, MENA added.

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