El Said heads committee to restructure NIB

A government committee was formed to restructure the National Investment Bank (NIB), Planning Minister Hala El Said said, according to Al Borsa. The committee is headed by El Said and includes Deputy CBE Governor Lobna Helal, Deputy Finance Minister Mohamed Maait, and NIB’s Deputy Chairman Ahmed El Sayad. NIB’s mandate is to finance projects included in the state’s national economic and social development plan.