{"id":630312,"date":"2018-04-17T03:54:03","date_gmt":"2018-04-17T03:54:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/al-baraka-bank-plans-to-set-up-new-investment-arm\/"},"modified":"2018-04-17T03:54:03","modified_gmt":"2018-04-17T03:54:03","slug":"al-baraka-bank-plans-to-set-up-new-investment-arm","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/al-baraka-bank-plans-to-set-up-new-investment-arm\/","title":{"rendered":"Al Baraka Bank plans to set up new investment arm"},"content":{"rendered":"

Al Baraka Bank is planning to set up a new investment arm in Egypt sometime during 2H2018, CEO Ashraf El Ghamrawy says<\/a>. The company will likely have a capital of EGP 200 mn. Feasibility studies on the new company are in their \u201cfinal phases,\u201d according to Ghamrawy.<\/p>\n","protected":false},"excerpt":{"rendered":"

Al Baraka Bank is planning to set up a new investment arm in Egypt sometime during 2H2018, CEO Ashraf El Ghamrawy says. The company will likely have a capital of EGP 200 mn. Feasibility studies on the new company are in their \u201cfinal phases,\u201d according to Ghamrawy.<\/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":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630312","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"d2fb6911-11db-4541-b54f-6b25069fdf2e","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Al Baraka Bank plans to set up new investment arm","related_issue":[630271],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.3fd00e61-16c2-4c52-b318-c3fffaee75f3.mp3"},"yoast_head":"\nAl Baraka Bank plans to set up new investment arm - 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\/2018\/04\/17\/al-baraka-bank-plans-to-set-up-new-investment-arm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Al Baraka Bank plans to set up new investment arm\" \/>\n<meta property=\"og:description\" content=\"Al Baraka Bank is planning to set up a new investment arm in Egypt sometime during 2H2018, CEO Ashraf El Ghamrawy says. The company will likely have a capital of EGP 200 mn. Feasibility studies on the new company are in their \u201cfinal phases,\u201d according to Ghamrawy.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/al-baraka-bank-plans-to-set-up-new-investment-arm\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-17T03:54:03+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\/2018\/04\/17\/al-baraka-bank-plans-to-set-up-new-investment-arm\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/al-baraka-bank-plans-to-set-up-new-investment-arm\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Al Baraka Bank plans to set up new investment arm\",\"datePublished\":\"2018-04-17T03:54:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/al-baraka-bank-plans-to-set-up-new-investment-arm\/\"},\"wordCount\":56,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/al-baraka-bank-plans-to-set-up-new-investment-arm\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/al-baraka-bank-plans-to-set-up-new-investment-arm\/\",\"name\":\"Al Baraka Bank plans to set up new investment arm - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-04-17T03:54:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/al-baraka-bank-plans-to-set-up-new-investment-arm\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/al-baraka-bank-plans-to-set-up-new-investment-arm\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/al-baraka-bank-plans-to-set-up-new-investment-arm\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Al Baraka Bank plans to set up new investment arm\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Al Baraka Bank plans to set up new investment arm - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/al-baraka-bank-plans-to-set-up-new-investment-arm\/","og_locale":"en_US","og_type":"article","og_title":"Al Baraka Bank plans to set up new investment arm","og_description":"Al Baraka Bank is planning to set up a new investment arm in Egypt sometime during 2H2018, CEO Ashraf El Ghamrawy says. 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The bank is negotiating with the Islamic Development Bank, World Bank, and the European Bank for Reconstruction and Development, and expects to acquire the funds next year.","rel":"","context":"In "Banking + Finance"","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":558771,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/25\/al-baraka-in-talks-with-hazem-hegazy-for-vice-chairman-ceo-position\/","url_meta":{"origin":630312,"position":2},"title":"Al Baraka in talks with Hazem Hegazy for vice chairman & CEO position","author":"enterpriseam admin","date":"25 August 2021","format":false,"excerpt":"Al Baraka Bank Egypt is in talks with Banque du Caire vice chairman Hazem Hegazy (LinkedIn) to become the bank\u2019s new vice chairman and CEO to replace Ashraf El Ghamrawy (bio), who will step down on 1 October, according to an EGX statement (pdf). Sami Abdul Gawad will also leave\u2026","rel":"","context":"In "Moves"","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557614,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/26\/hsbc-egypt-appoints-new-chairman\/","url_meta":{"origin":630312,"position":3},"title":"HSBC Egypt appoints new chairman","author":"enterpriseam admin","date":"26 September 2021","format":false,"excerpt":"HSBC Egypt has appointed Nasser Alshaali (LinkedIn) as its chairman as of 22 September, succeeding David Eldon, according to a statement (pdf) from the bank. Alshaali previously served as CEO of the Dubai International Finance Centre, managing director of Sabertia Capital Partners, and most recently as executive director of Dubai-based\u2026","rel":"","context":"In "Moves"","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597061,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/egypts-baraka-bank-to-launch-sharia-compliant-daily-return-mutual-fund\/","url_meta":{"origin":630312,"position":4},"title":"Egypt\u2019s Baraka Bank to launch sharia-compliant daily return mutual fund","author":"enterpriseam admin","date":"15 July 2019","format":false,"excerpt":"Al Baraka Bank is planning to launch a sharia-compliant investment fund that pays out dividends on a daily basis, Al Mal reports. The EGP 100 mn fund will screen potential investments for compatibility with sharia law. 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Hosni was formerly managing director and executive board member at Contact Financial\u2019s underwriting arm Sarwa.And a new line of\u2026","rel":"","context":"In "Moves"","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/259.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/630312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=630312"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/630312\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/630271"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=630312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=630312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=630312"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=630312"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=630312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}