Luxembourg, 03/01/2007 (Agence Europe) - Under its Facility for Euro-Mediterranean Investment and Partnership (FEMIP), the European Investment Bank (EIB) is investing the equivalent in Egyptian pounds of €5.6 million in a 9% shareholding in Beltone Capital, an Egyptian investment company.
Beltone Capital will invest in private sector growth companies, primarily in Egypt, providing them with strategic guidance and investment and operational expertise. An EIB press release states that, with...