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Post for Investment sees revenue and income jump over 30% y-o-y in 2023. PLUS: National Bank of Egypt subsidiary to set up country’s third gold fund
Post for Investment saw its net income climb 32.4% y-o-y to EGP 664 mn in 2023
Azimut to open subscription for new Egypt bond fund, AZ-Savings
INVESTMENT WATCH- Investors can subscribe to Italy-headquartered asset manager Azimut’s new Egypt-focused fixed income fund AZ-Savings as of next Sunday,…
Mubasher gets license to market + sell fixed-income securities online
The Financial Regulatory Authority has awarded Mubasher Holding a license to market and sell fixed-income securities online through a new…
Egypt could exempt charity funds from paying taxes
The Finance Ministry has agreed in principle to exempt charity funds from paying taxes in a bid to encourage the…
Azimut to set up Egypt-focused equity fund before end of 2019
Azimut to set up Egypt-focused equity fund: Italy-based asset manager Azimut Group has completed the procedures to establish a fund…
Italy’s Azimut Group acquires 100% Rasmala Egypt Asset Management
M&A WATCH- Italy’s Azimut Group acquires 100% of Rasmala subsidiary: Italy-based asset manager Azimut Group inked an agreement yesterday to…