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Press release

Arab African Investment Management Company Manages the Al Tameer mutual Fund

06, Feb, 2024

Mohamed Mostafa, the Managing Director of Arab African Investment Management Company, announced the company’s success in securing the management of the Al Tameer mutual Fund, which was established by the Housing and Development Bank in 2008. 

The fund focuses on investing in listed shares on the Egyptian Stock Exchange. He expressed his gratitude for the trust placed in the company by the Housing and Development Bank when assigning the management of the fund, thanks to the company's extensive track record in managing equity portfolios and investment funds, as well as its ability to deliver exceptional investment returns over the past years.

As a result, the number of funds managed by Arab African Investment Management Company has increased to 12 diversified funds (Equities, Fixed income, Money market, and Capital protection). Many of these funds have achieved outstanding investment performance in 2024, with several of them ranking among the top investment funds in their category.

On another note, the company is currently negotiating with several financial institutions to launch new investment funds.