21.09.2012 - Ridge Islamic Capital announces official launch of its activities in Egypt
Ridge Islamic Capital, the first company in Egypt specialized in offering full-fledged modern Sharia-compliant investment banking; asset management; and wealth management services announced at a press conference its official inauguration and launch of its activities in the Egyptian market. Ridge Islamic Capital is the Islamic financial arm of the Dubai-based regional investment company Ridge Solutions International Holdings, which is part of Angola-based Ridge Solutions Group. The company was established following the successful acquisition of the Egyptian investment banking and asset management firm El Rashad by Ridge Solutions International Holdings to expand its Islamic investment business across the region. (Press Release)