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Alpha Capital to run Delta Life Insurance's EGP50 million Fund
Islam Abdelhameed Published in Amwal Al Ghad on 29 - 01 - 2015

Egypt's Delta Life Insurance has chosen Alpha Capital to manage its newest mutual fund. The fund will be with an initial capital worth 50 million Egyptian pounds (US$6.6 million).
Alpha Capital is an Egyptian investment bank established in 2009.
Mohamed Mowafi - Chief Sales & Marketing Officer at Delta Life – said his company had recently obtained approvals from the Egyptian Financial Supervisory Authority (EFSA) and the Central Bank of Egypt so as to launch the fund.

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