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New Law for The National Fund for investment
New Law for The National Fund for investment

President Bashar al-Assad issued Law No. 2 for the year 2012 on establishing the National Fund for Investment, which aims to contribute to stabilizing the market and enhancing higher levels of confidence, through a policy of long-term investment and the pursuit of revenue and higher profits to shareholders, through the diversification of financial investments and providing expertise.

The decree stipulates that "The National Fund for Investment" enjoys a legal status and financial and administrative independence and it is linked with Minister of Economy and Trade. The Fund’s headquarters will be in Damascus.

The decree stipulates that the fund's capital is of two billion Syrian Pounds.

Syrian Days
Thursday 2012-01-05  |  06:18:21   
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