{"id":646647,"date":"2017-06-20T04:19:48","date_gmt":"2017-06-20T04:19:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/aur-capital-to-invest-egp-22-bn-over-the-next-five-years\/"},"modified":"2017-06-20T04:19:48","modified_gmt":"2017-06-20T04:19:48","slug":"aur-capital-to-invest-egp-22-bn-over-the-next-five-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/aur-capital-to-invest-egp-22-bn-over-the-next-five-years\/","title":{"rendered":"Aur Capital to invest EGP 22 bn over the next five years"},"content":{"rendered":"

Former Investment Minister Ashraf Salman says his new private equity <\/strong>outfit, Aur Capital, will invest as much as EGP 22 bn in the next five years<\/strong>, Daily News Egypt reports<\/a> (that about USD 1.2 bn if you, like us, are still struggling with the FX conversion math). The consumer-focused GP will launch in December and will focus on opportunities in real estate, health, education and food, said Salman. It\u2019s first major investment since Salman went public with the fund last November<\/a> was in real estate developer ARCO. Next on the list for execution are investments in the non-banking financial sector in partnership with Egyptian Gulf Bank (EGBank) and healthcare. Notable investors at the GP level are CityStars\u2019 Abdul Rahman Al Sharbatly and the EGBank.<\/p>\n","protected":false},"excerpt":{"rendered":"

Former Investment Minister Ashraf Salman says his new private equity outfit, Aur Capital, will invest as much as EGP 22 bn in the next five years, Daily News Egypt reports (that about USD 1.2 bn if you, like us, are still struggling with the FX conversion math). The consumer-focused GP will launch in December and […]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646647","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"f9b533ff-aaf8-4806-83c0-eeff5b282eb3","order":"0","is_powered_by":true,"section_story_id":"bfb6f80e-4f8a-4884-9ed1-6f111fc726fd","story_type":"1","photo_url":"","photo_position":"above","related_issue":[646636],"teaser":"","voice_url":""},"yoast_head":"\nAur Capital to invest EGP 22 bn over the next five years - 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\/2017\/06\/20\/aur-capital-to-invest-egp-22-bn-over-the-next-five-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aur Capital to invest EGP 22 bn over the next five years\" \/>\n<meta property=\"og:description\" content=\"Former Investment Minister Ashraf Salman says his new private equity outfit, Aur Capital, will invest as much as EGP 22 bn in the next five years, Daily News Egypt reports (that about USD 1.2 bn if you, like us, are still struggling with the FX conversion math). The consumer-focused GP will launch in December and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/aur-capital-to-invest-egp-22-bn-over-the-next-five-years\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-20T04:19:48+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/aur-capital-to-invest-egp-22-bn-over-the-next-five-years\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/aur-capital-to-invest-egp-22-bn-over-the-next-five-years\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Aur Capital to invest EGP 22 bn over the next five years\",\"datePublished\":\"2017-06-20T04:19:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/aur-capital-to-invest-egp-22-bn-over-the-next-five-years\/\"},\"wordCount\":134,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/aur-capital-to-invest-egp-22-bn-over-the-next-five-years\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/aur-capital-to-invest-egp-22-bn-over-the-next-five-years\/\",\"name\":\"Aur Capital to invest EGP 22 bn over the next five years - 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The agreement\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":549637,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/25\/egbank-feeling-acquisitive\/","url_meta":{"origin":646647,"position":1},"title":"EGBank feeling acquisitive","author":"enterpriseam admin","date":"25 September 2022","format":false,"excerpt":"Egyptian Gulf Bank (EGBank) will invest EGP 2 bn in non\u2013banking financial companies over the coming three years, CEO and Managing Director Nidel Assar told Bloomberg Asharq. The bank will acquire direct and indirect stakes in a number of companies in the sector, he said, without disclosing which markets the\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575247,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/07\/city-edge-to-launch-specialized-arms-for-development-projects\/","url_meta":{"origin":646647,"position":2},"title":"City Edge to launch specialized arms for development projects","author":"enterpriseam admin","date":"7 October 2020","format":false,"excerpt":"City Edge to launch specialized arms for development projects: City Edge is looking to set up several subsidiaries focused on the group\u2019s separate development activities like hotel construction and management within the coming three years, City Edge chairman Ashraf Salman said during a conference, according to Hapi Journal. The New\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544233,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/20\/earnings-watch-adib-odin-investments-egytrans-suez-canal-bank-and-egbank-report-2021-results\/","url_meta":{"origin":646647,"position":3},"title":"Earnings watch: ADIB, Odin Investments, Egytrans, Suez Canal Bank, and EGBank report 2021 results","author":"enterpriseam admin","date":"20 February 2022","format":false,"excerpt":"EARNINGS WATCH-Abu Dhabi Islamic Bank reported EGP 1.45 bn in net income in 2021, up 22% y-o-y, according to the bank\u2019s financial statement (pdf). 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