Regulation, Risk & Compliance
Uncategorized
Egyptian asset manager Rasmala bought by Italy's Azimut
Italian asset management company Azimut has agreed a deal to buyout one of Egypt’s biggest independent asset management firms, Rasmala Egypt. Rasmala Egypt is a firm offering both conventional and shariah-compliant investment services. The firm had 8.46 billion Egyptian points ($474 million) worth of assets under management as of November…
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