Post for Investment (PFI) the investment arm of Egypt Post, received the "Most Innovative Private Equity Firm in Egypt- 2022" award from “International Finance Awards” for its outstanding performance and exceptional achievements, in addition to its involvement in social and developmental endeavors that contribute to achieving sustainable development. Commenting on receiving such a prestigious award, Mr. Ahmed Ali Abdelrahman, Board Member & Managing Director, said: "This award embodies an additional achievement to be added to the series of accomplishments achieved by PFI during the last period. Our company received this award in recognition of the role played towards generating tangible economic impact in the Egyptian market’, referring to that this award is granted based on several distinct technical criteria that are evaluated by a panel of qualified professionals, and noting that it is awarded to companies and institutions across the world in different sectors that demonstrated both outstanding performance and creativity. Abdelrahman further noted that PFI's strategy, as the investment arm of Egypt Post, aims at investing in promising companies and projects in various sectors, while focusing on financial and logistical services sectors, together with strategic and operational investments, with the ultimate objective of contributing to the consolidation of the national economy within the framework of its long-term growth plans. Additionally, the company supports Egypt Post by providing technical guidance on its investment and strategic projects. On the other hand, Mr. Ahmed Abdallah, Chief Executive Officer, said: "This award comes as a culmination of the company's continuous efforts towards establishing and diversifying its investment activities, as well as building an effective foundation, and applying governance guidelines, internal control systems, risk management, and limiting concentration risks, which contributes to enhancing profitability." Abdallah added that over the past year, PFI has achieved remarkable success in the field of investment; particularly investments with social and developmental dimensions and community impact, highlighting its acquisition of 20% stakes in Estadat Sports Facility Management, which manages sports facilities and events with usufruct agreements of 15 sports clubs in 15 cities under the brand “City Club”.
About Post for Investment: Post for Investment S.A.E. is an Egyptian joint stock company established in 2006 where the current capital is about EGP 6 billion and is fully owned by Egypt Post, as its investment arm, which is responsible for managing the projects related to Egypt Post & the main mission of PFI is to invest in Egyptian market while regularly generating sustainable financial value. The firm is strategically concentrated on delivering large long-term financial returns as well as a beneficial impact for all stakeholders. Throughout its strong track record, it has made strategic investments in a wide range of industries, including telecommunications, non-banking financial services, real estate development, and other services. It also endeavors to endorse the country's Sustainable Development Strategy; Egypt Vision 2030 by prioritizing ethical, sustainable, and transparent investments and maintaining the highest levels of corporate governance and internal auditing in all investment decisions.