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FINANCIAL NEWS
Hegazy& Allies help Egyptian investors to launch offshore funds
10 Feb 2016
(MENAFN) Hegazy & Associations in cooperation with Croweel and Moring are offering help to Egyptian investors who are in the first stages of launching two offshore direct investment funds.
Moreover, the first investment will study small and medium enterprises (SMEs), which introduce almost 80 percent of the Egyptian economy, and the total capital is USD 25mn.
The other investment fund will have a capital of USD 15mn and will specialize in investments in real estate units, while Hegazy plans to unite the fund’s investment.
In addition, the associations collect money from investors to trade shares in companies, maintaining them from a period of up to 5 years.
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