Arab Finance: CI Capital Asset Management plans to introduce five sectoral equity investment funds in the Egyptian market before the end of 2024, as per an emailed press release.

The funds will have a combined initial value of EGP 50 million, set to reach EGP 250 million within a year.

The new funds will focus on key sectors such as real estate and construction, consumer goods, financial services and fintech, technology and communications, and export-oriented industries.

The launch of these funds confirms the company's confidence in the strength of the Egyptian economy and its ability to overcome current challenges, CEO and Managing Director of CI Capital Asset Management Amr Abol-Enein said.

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