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Arab Moltaka eyes to increase volume of assets under management

Arab Moltaka eyes to increase volume of assets under management

ArabFinance:  Arab Moltaka Investments Company (AMIC) plans to increase the volume of assets under management to EGP 6 billion by the end of 2021 and penetrating new sectors, AMIC’s Managing Director Khaled Abu Haif said to Alborsa News website.

In 2020, the volume of assets under management volume EGP 5 billion in 2020, Abu Haid added.

The company posted a consolidated net profit of EGP 43,049,832 in January-September 2020, compared to EGP 48,035,271 achieved in the corresponding period a year earlier.

AMIC invests in a diversified range of economic sectors covering a broad spectrum including industrial and agricultural investments, land reclamation and cultivation, livestock development, fisheries, real estate investments, and tourism.

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