24
Egypt’s Delta Life Insurance has chosen Alpha Capital to manage its newest mutual fund. The fund will be with an initial capital worth 50 million Egyptian pounds (US$6.6 million).
Alpha Capital is an Egyptian investment bank established in 2009.
Mohamed Mowafi – Chief Sales & Marketing Officer at Delta Life – said his company had recently obtained approvals from the Egyptian Financial Supervisory Authority (EFSA) and the Central Bank of Egypt so as to launch the fund. 
