Press release

Arab African Investment Management Announces the successful closure of Subscription for “Gosour” Equity Fund.

In this regard, Mr. Mohamed Mostafa, Managing Director of the company, stated that the fund’s subscription was successfully completed in record time, achieving an oversubscription of approximately 19 times. He expressed his appreciation for investors’ confidence in Gosour Fund, which reflects clients’ trust in the investment manager’s performance and capabilities.

Mr. Mohamed added that the diversity of the investor base during the subscription period—ranging from institutional investors to individuals—along with the strong demand for the fund, reflects growing confidence in the Egyptian economy and the expected performance of the Egyptian Stock Exchange in the coming years.

He further explained that Gosour Fund will invest in equities listed on the Egyptian Exchange, with portfolio selection based on a combination of fundamental and technical analysis. He also noted that Arab African Investment Management currently manages 15 diversified investment funds, including four equity funds, such as Shield Fund (issued by the Arab African International Bank), El Taameer Fund (issued by the Housing and Development Bank), and Kenz Fund with its two tranches (Kenz Foras and Kenz Sharia), issued by Arab African Investment Holding and launched in June 2025. Notably, both the Shield Fund and El Taameer Fund outperformed the EGX30 Index during 2025.

Subscription and Redemption of Gosour Fund units are available daily through several brokerage firms, including Thndr, Mega, Mubasher, Arabia Online, and Arab African International Securities.

Commenting on the fund’s establishment, Mr. Mohamed Meftah, Investment Manager of the Private Insurance Fund for Employees of the Suez Canal Authority (one of the fund’s founding entities), stated that the objective of establishing the Gosour Fund, in cooperation with several investment institutions, is to promote investment in the Egyptian capital market. He highlighted that this aligns with the core role of financial institutions, including private insurance funds, which allocate part of their portfolios to equity investments in pursuit of higher long-term returns.

Mr. Meftah expressed his great pleasure in participating in the establishment of the Gosour Equity Fund as an effective investment and savings tool for institutions, private insurance funds, and individual investors. He also praised the significant role played by the Financial Regulatory Authority (FRA) in revitalizing capital market activity and strengthening institutional investment in the Egyptian Stock Exchange.