{"id":594566,"date":"2019-09-01T03:59:41","date_gmt":"2019-09-01T03:59:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/efg-receives-egp-450-mn-subscription-requests-for-mazid-fund\/"},"modified":"2019-09-01T03:59:41","modified_gmt":"2019-09-01T03:59:41","slug":"efg-receives-egp-450-mn-subscription-requests-for-mazid-fund","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/efg-receives-egp-450-mn-subscription-requests-for-mazid-fund\/","title":{"rendered":"EFG receives EGP 450 mn subscription requests for \u201cMazid\u201d fund"},"content":{"rendered":"<p>Our friends at EFG Hermes have received EGP 450 mn-worth of subscription applications for investment certificates issued by the \u201cMazid\u201d open-ended money market fund, head of asset management at EFG <a href=\"https:\/\/alborsaanews.com\/2019\/08\/31\/1239926\">Nabil Moussa said<\/a>. The firm accepted EGP 250 mn-worth of applications for the fund, which it manages for Emirates NBD. The Mazid fund \u201cinvests in a variety of short-term debt securities such as treasury bills and bonds & time deposits,\u201d <a href=\"https:\/\/www.emiratesnbd.com.eg\/egypt-en\/personal-banking\/investments\/\">according to Emirates NBD\u2019s website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our friends at EFG Hermes have received EGP 450 mn-worth of subscription applications for investment certificates issued by the \u201cMazid\u201d open-ended money market fund, head of asset management at EFG Nabil Moussa said. The firm accepted EGP 250 mn-worth of applications for the fund, which it manages for Emirates NBD. The Mazid fund \u201cinvests in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[541,2372,84,72,1473],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594566","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-asset-management","tag-banking-finance","tag-efg-hermes","tag-enterpriseam","tag-investment-banking","wpautop","entry"],"acf":{"mongo_id":"9d699d03-d76f-44b2-a4c8-397944f0c7aa","is_powered_by":true,"section_story_id":"afeaf610-531a-474d-bc7c-48f6b5a9a344","story_type":"1","photo_url":"","photo_position":"above","related_issue":[594528],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EFG receives EGP 450 mn subscription requests for \u201cMazid\u201d fund - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/efg-receives-egp-450-mn-subscription-requests-for-mazid-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EFG receives EGP 450 mn subscription requests for \u201cMazid\u201d fund\" \/>\n<meta property=\"og:description\" content=\"Our friends at EFG Hermes have received EGP 450 mn-worth of subscription applications for investment certificates issued by the \u201cMazid\u201d open-ended money market fund, head of asset management at EFG Nabil Moussa said. The firm accepted EGP 250 mn-worth of applications for the fund, which it manages for Emirates NBD. The Mazid fund \u201cinvests in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/efg-receives-egp-450-mn-subscription-requests-for-mazid-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-01T03:59:41+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/efg-receives-egp-450-mn-subscription-requests-for-mazid-fund\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/efg-receives-egp-450-mn-subscription-requests-for-mazid-fund\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EFG receives EGP 450 mn subscription requests for \u201cMazid\u201d fund\",\"datePublished\":\"2019-09-01T03:59:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/efg-receives-egp-450-mn-subscription-requests-for-mazid-fund\/\"},\"wordCount\":82,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"asset management\",\"BANKING + FINANCE\",\"EFG Hermes\",\"EnterpriseAM\",\"investment banking\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/efg-receives-egp-450-mn-subscription-requests-for-mazid-fund\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/efg-receives-egp-450-mn-subscription-requests-for-mazid-fund\/\",\"name\":\"EFG receives EGP 450 mn subscription requests for \u201cMazid\u201d fund - 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Rx Healthcare Fund acquired a majority stakein United Pharma late last year through Nutritius Investment\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":653324,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/15\/efg-hermes-corp-solutions-issues-egp-450-mn-in-debt\/","url_meta":{"origin":594566,"position":2},"title":"EFG Hermes Corp-Solutions issues EGP 450 mn in debt","author":"enterpriseam admin","date":"15 October 2024","format":false,"excerpt":"This is the second issuance in a wider EGP 3 bn program","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/451.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":603314,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/efg-gb-capital-talaat-moustafa-group-to-launch-mortgage-finance-jv\/","url_meta":{"origin":594566,"position":3},"title":"EFG, GB Capital, Talaat Moustafa Group to launch mortgage finance JV","author":"enterpriseam admin","date":"18 April 2019","format":false,"excerpt":"EFG, GB Capital, Talaat Moustafa Group to launch mortgage finance JV: EFG Hermes, GB Capital and Talaat Moustafa Group said in a statement (pdf) yesterday that they are launching a mortgage finance company with initial paid-in capital of EGP 150 mn. 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