Rasmala plans to grow Assets under management to EGP 7.5 bn in 2017

Rasmala is planning to grow its assets under management by 15.4% to EGP 7.5 bn by the end of 2017, Al Borsa reports. The company is optimistic about the Egyptian market’s potential and ability to reel in direct and indirect foreign investments, CEO Ahmed Aboul Saad said. The company’s strategy for the year will focus on attracting larger institutional investors.