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Shuaa to consider investment in Egypt financial industry
(MENAFN) Dubai-based Shuaa Capital is examining whether it should invest in the Egyptian financial services industry.
Chairman Jassim Alseddiqi has confirmed Shuaa to have already applied for investment banking as well as asset management licenses.
During an interview, the firm's CEO Fawad Tariq Khan declared "now is the time to invest in Egypt."
He noted "valuations are right, the opportunities are interesting and macro-economic opportunities are right."
Chairman Jassim Alseddiqi has confirmed Shuaa to have already applied for investment banking as well as asset management licenses.
During an interview, the firm's CEO Fawad Tariq Khan declared "now is the time to invest in Egypt."
He noted "valuations are right, the opportunities are interesting and macro-economic opportunities are right."
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