Egypt-based Sawari Ventures to close $50 mln fund to new investors by year-end

April 8, 2015 1:23 PM

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ABU DHABI, April 8 (Reuters) - Egypt-based investment firm Sawari Ventures expects to close its recently launched $50 million fund to new investors before year-end, its founder and chairman told Reuters on Wednesday.

The fund opened last month at an international investment conference in the Red Sea resort of Sharm el-Sheikh where Egypt signed deals worth $36 billion.

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