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Egypt's Aspire plans to launch five investment funds worth EGP 3 billion over two years.

3 days 1 hour ago

Aspire Capital Holding for Financial Investments (formerly Pioneers Holding) plans to launch three new investment funds in 2026.

These will include a real estate fund, a foreign currency cash fund, and an equity investments fund.This expansion comes as Egypt's investment fund market continues to grow. Currently, there are approximately 154 investment funds in the country, boasting a total market value of EGP 155.9 billion.This figure comprises 145 open-ended funds and 9 closed-end funds.

Aspire Capital Holding, which owns Pioneers and Prisma Securities Brokers, reported a significant increase in its net profits. Last year, the company achieved EGP 67.88 million in net profits, a notable rise from EGP 40.69 million in 2023.

 

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