Cairo: Ahmed Rostom, the Minister of Planning and Economic Development and Chairman of the Board of the National Investment Bank (NIB), led a pivotal meeting of the bank's Investment Committee. This meeting was attended by Deputy Prime Minister for Economic Affairs, Hussein Issa.

According to State Information Service Egypt, the gathering included several prominent economic figures. Among them were Mr. Osama Saleh, former Minister of Investment and Chairman of Ayadi Investment and Development, and Mr. Ashraf Negm, Managing Director and Deputy Chairman of NIB. Mr. Sherif Sami, former Chairman of the Financial Regulatory Authority and a board member of the bank, participated via videoconference.

The committee's discussions centered around the National Investment Bank's investment portfolio, including its holdings in various stock market institutions. A comprehensive plan was reviewed to maximize the value of these assets. This initiative is part of ongoing efforts to restructure the bank and solidify its role as a primary development and investment body within the government.

Dr. Ahmed Rostom highlighted the significant progress made under the state's plan to restructure the National Investment Bank. He emphasized the bank's role in expanding investments and focusing on major national projects by bolstering partnerships with the private sector.

The Minister further noted that the transformation at NIB is indicative of the government's commitment to optimizing public resources and enhancing operational efficiency. Dr. Rostom elaborated that these changes enable the bank to more effectively execute government investments aimed at improving the quality of life for Egyptian citizens. He assured that the restructuring plan is progressing steadily, addressing financial management, resolving historical issues, and developing the internal operational system.