Press release

Egypt, Thursday, 20 October 2022: Seeking to deliver the best investment returns for its clients and all the investment funds it manages, Arab African Investment Management (AAIM) won two Egypt awards in 2022. The first is the International Finance Award for its Arab African International Bank investment fund in debt instruments (Gozoor) for the best performing fixed-income fund in 2021. The second is the Global Business Review Magazine award for the Arab African International Bank capital protection fund (Guard) for best performance in its category in 2021.

AAIM’s winning these two awards is in recognition of its distinguished performance as one of the best asset management firms in Egypt.

In this context, Mr. Mohamed Mostafa, Managing Director of AAIM, commented: “Winning these international awards reflects the success and excellence of the firm’s team and the distinguished professional performance over the past years. This was also reflected very clearly in the returns generated by portfolios and managed investment funds as well as business volume growth rates.”

About ARAB AFRICAN INVESTMENT MANAGEMENT (AAIM)

Since its launch in 2006, Arab African Investment Management (AAIM) has been catering to both private and public institutions as well as high-net-worth individuals, building investment products that provide exposure to equity, fixed-income, and money markets. AAIM is one of the fastest-growing investment management firms in Egypt. Our AUMs grew to EGP12.5 billion by end of 2021, with AUMs and the number of clients growing by a 5-year CAGR of c.40% each. In 2022 alone, our AUMs grew by more than 45% to EGP20 billion.

AAIM is a subsidiary of Arab Africa Investment Holding which is fully owned by Arab African International Bank (AAIB).

For more details, please visit the company’s website: aaim.com.eg