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Misr Capital among Forbes Middle East’s Top 30 Asset Management Companies 2022

Misr Capital among Forbes Middle East’s Top 30 Asset Management Companies 2022

Arab Finance: Misr Capital, the investment arm of Banque Misr, has been among Forbes Middle East’s Top 30 Asset Management Companies 2022 for the second year in a row, coming at 25th place in the list, according to an emailed press release on September 18th.

The company is the only in the list that exclusively operates in the Egyptian market.

Moreover, the company’s asset management division manages assets worth about EGP 39 billion, which is EGP 9 billion higher than last year.

Misr Capital has been able to achieve rapid growth, since the current management took over, through the launch of various investment funds, whether as a fund manager or institutional entity, Chairman of Misr Capital and Vice President of Banque Misr Akef El-Maghraby said.

 

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