Establishing the first guaranteed Egyptian investment fund

The Egyptian Ahli Bank is currently studying establishing the first guaranteed investment fund in Egypt in association with the international Tojari company for investment, one of the international commercial bank's companies in Egypt. Mohamoud Abd El-Aziz, the manager of the board of directors of the Ahli Bank told ArabicNews.com that the capital of this fund is to be 300 million Egyptian pounds and that the insurance fund for workers at the bank will participate in the fund with 50%, while the Togari company will participate with the remaining percentage with another group of financial and investment foundations.