ArabFinance: First Investment Company and Real Estate Development (FIRE) announced that its board of directors has decided to prepare a study on the available investment opportunities in the fintech sector, according to a statement filed to the Egyptian Exchange (EGX).
This will come under the company’s future plans to invest in an affiliated company or a subsidiary or as a main shareholder in the fintech sector.
Moreover, the board has assigned the company’s chairman in choosing the research and advisor companies to conduct this study.
Established in 2008, First Realtors operates within the real estate sector focusing on diversified real estate activities.