INVESTMENT WATCH- The Arab Moltaqa Investments Company could invest up to EGP 200 mn in Egypt over the next two years, COO Ahmed Ibrahim tells Al Borsa. Moltaqa is looking to deploy excess liquidity it booked through the recent sale of assets including a stake in Al Tawfeek Leasing Co and Dar Al Fouad Hospital (the former at the time of its IPO). The company will focus mainly on the medical and industrial sectors, but is also looking to expand its real estate portfolio, Ibrahim said, adding that the company also likes industries with export prospects. Retail is also under the company’s radar and plans are already underway to launch a supermarket franchise targeting low- and middle-income consumers.

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