mutual fund, PFI Money Market Fund (PFI Cashi), marking a key milestone in the company’s expansion and diversification strategy.
Updated 10/20/2025 7:48:00 AM
The Central Bank of Egypt (CBE) has announced the establishment of the Banking Reform and Development Fund and the formation of its board of directors for a four-year term.
Updated 10/12/2025 4:25:00 AM
GRANITE Financial Holding, a digitally enabled asset management company, has received approval from the Financial Regulatory Authority (FRA) to launch its multi-currency fixed-income fund.
Updated 10/5/2025 10:47:00 AM
The Financial Regulatory Authority (FRA) has issued decision No. 2 of 2025, outlining new rules and controls for the investment ratios of insurance and reinsurance companies’ funds.
Updated 2/10/2025 1:52:00 AM
CI Capital announced the closure of subscriptions for its “Sector” multi-issue equity fund on Monday, January 27th.
Updated 1/28/2025 12:20:00 PM
CI Asset Management, a subsidiary of CI Capital for Financial Investment, has launched Egypt’s first-ever sector equity fund, the “Sector” multi-issue fund.
Updated 11/11/2024 10:16:00 AM
Allianz Egypt is preparing to launch a gold investment fund in early 2025.
Updated 11/11/2024 10:11:00 AM
The Saudi Arabia-based Adeer International is planning to set up a real estate investment fund in Egypt, in partnership with the Saudi financial services provider Areeb Capital.
Updated 10/29/2024 8:18:00 AM
Beltone Venture Capital, a subsidiary of Egypt's Beltone Financial Holding, is set to launch two new startup investment funds with a total target of $50 million, CEO Ali Mokhtar told Asharq Business.
Updated 9/12/2024 4:04:00 AM
Egypt is set to liquidate the Lighthouse Education fund before it even commences operations.
Updated 9/11/2024 8:22:00 AM
SPE Capital’s second fund has achieved its first close at $171 million.
Updated 9/10/2024 12:49:00 PM
NI Capital Holding for Financial Investments is looking to launch a fund to invest in Egypt’s government bonds this year.
Updated 9/10/2024 7:36:00 AM
Egypt’s digital savings platform Menthum has introduced the Menthum USD Fixed Income Fund, in collaboration with CI Capital Asset Management Company.
Updated 8/25/2024 12:33:00 PM
Azimut Egypt has launched its shariah-compliant investment fund.
Updated 7/23/2024 7:35:00 AM
The Financial Regulatory Authority (FRA) has approved the launch of Azimut Egypt’s shariah-compliant fund.
Updated 7/8/2024 7:15:00 AM
Al Ahly Financial Investments Management (AFIM) is planning to launch a new gold investment fund by June 24th after obtaining the Financial Regulatory Authority’s (FRA) approval.
Updated 6/13/2024 9:30:00 AM
The Sovereign Fund of Egypt (TSFE) is considering launching a new sub-fund focusing on the communications sector within weeks.
Updated 5/29/2024 9:14:00 AM
Egypt is targeting selling land plots and residential units worth $6 billion to Egyptians working abroad and foreigners in 2024, Assistant Minister of Housing Abdelkhalek Ibrahim stated.
Updated 5/20/2024 8:14:00 AM
The Sovereign Fund of Egypt (TSFE) is currently studying the launch of a new sub-fund, with a specific focus on the industrial sector, Minister of Planning and Economic Development Hala ElSaid stated.
Updated 5/14/2024 7:18:00 AM
Egypt-based venture capital company Sawari Ventures is planning to launch a new fund to invest around $150 million in Egyptian start-ups.
Updated 2/18/2024 10:05:00 AM