Cairo – Mubasher: Pioneers Holding said its subsidiary, Amwal Financial Investment, seeks to raise the assets under management to EGP 2 billion in 2017.
“Amwal has succeeded in increasing its assets under management to EGP 1.1 billion in 2016, up from EGP 850 million in the previous year,” said Mahmoud Gabriel l, Managing Director in exclusive statement to Mubasher.
Amwal currently runs negotiations with commercial banks and private insurance companies, added Gabriel.
