The Egyptian Financial Advisory Group (FA Group) signed a memorandum of understanding with the UK’s Prospect Capital to secure funding for projects and companies in local and international financial markets, as well as promoting investment projects in the fields of education, healthcare and energy in Egypt, according to Mahmoud Abul Eyoun, head of the company.
Abul Eyoun said that the agreement will facilitate the entry of British investors to Egyptian and Arab markets, creating new investment opportunities in Egypt.
He added that FA Group provides financing services for corporations and different financial and investment consultancy to companies and investors, in addition to training employees of the banking and financial sectors, as well as marketing and media services.
Moreover, he explained that the company also provides for examining the financial viability of the existing companies and studying their financing needs, adjust their strategies to regain their positions and maximize profitability, conduct financial and economic feasibility studies, and draws action plans for the financing of new companies, both those of private capital or on loans.
“Through its agreements with foreign institutions, the company is seeking to expand its activities and link its services to those of these institutions to facilitate acquiring distinctive financial and investment consultants from different sources,” he stressed.
Prospect Capital is based in London and regulated by the Financial Conduct Authority (FCA). The company provides a spectrum of financial and investment advisory services to companies in emerging markets and firms involved in infrastructure projects.