The Clap
Raya Holding (RAYA) subsidiary Aman Holding has established its first investment fund under the name “Aman Youm-B-Youm”, with initial investments of EGP 25 million.
The deets
Aman expects to receive 20,000 clients in the fund’s first year, who can open an account at any time through the company’s branches
The fund will managed by Prime Investments, and will invest in low-risk financial instruments such as treasury bills & bonds.
The fund targets people who are not included in the banking sector, and aims to reach EGP 100 million in investments by the end of 2022.