Immigration Ministry launches savings and investment pots for expats

The Ministry of Immigration and the Egyptian Stock Exchange has launched savings and investment pots in response to the request of Egyptian expatriates.

A statement from the ministry said that these vessels provide gains in the stock exchange.

The ministry offered shares in the Macro Group, confirming that the subscription is covered by a stabilization account fund that will guarantee the investors’ money.

The validity period of the public offering started from the trading session of Monday, January 24 and will end on February 7 the Ministry said.

The minimum number of requests for the public offering is 100 shares. Brokerage firms are obligated to deposit 25 percent of the value of each request.

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