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Egypt’s Pharos Holding investment bank is targeting deals worth 7.5 billion Egyptian pounds ($427.84 million) in 18 months, as well as breaking into non-bank financial fields in 2018, its Chief Executive Elwy Taymour told Reuters on Thursday.
Pharos Holding- which is an investment bank in Cairo with private equity, asset management, securities brokerage, and bookkeeping operations- is also seeking to increase its financial portfolio to two billion pounds within 2018.
Source: Reuters
