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Egypt's Prime Group Eyes 3 New EGP300 Mln Funds
Islam Salah Hussein Sobhy Published in Amwal Al Ghad on 12 - 05 - 2013

Egypt-based Prime Holding for Financial Investment S.A.E. (PRMH.CA) – said the firm is currently in talks with a number of local banks seeking to run 3 fresh fixed-income investment funds with capitals expected to reach EGP 100 million.
Mohamed Maher, Managing director of Prime Group, announced that his firm is currently negotiating with a number of Egyptian banks in order to run 3 new investment funds, as the firm is aiming to increase its assets.
Maher stated that Prime Group is running around 11 investment funds; Housing & Development Bank Fund – Mawared (accumulative with daily return), Arab Land Direct Investment Fund, Arab Misr Insurance Group (AMIC) Fund (accumulative with periodical return), Societe Arabe International De Banque – (No.1 accumulative), Societe Arabe International De Banque – (No.2 accumulative with periodical return), Al Tameer Fund, Blom Bank- Egypt Money Market Fund (accumulative), Societe Arabe International De Banque – (No.3), and Egyptian Gulf Bank Fund – Tharaa (periodical return).

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