Egypt's Pioneers Holding will invest USD 191.4mn


(MENAFN) Pioneers Holding, one of Egypt's main financial firms, aims to invest USD 191.4mn in the country this year.

Moreover, it also plans acquisitions and capital increases in its subsidiaries, while it's not looking to expand out of Egypt currently.

The company also invested more than USD 0.4bn among the past three years in Egypt's food and industry and real estate sectors.

In addition, it also plans to finish a USD 0.2bn initial public offering of property developer Rooya Group in the second half of this year.


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