Egypt Post investment portfolio rises 17.5% – chairman

The investment portfolio of Egypt Post Authority recorded around 163 billion Egyptian pounds (US$20.3 billion) at the end of June 2015, registering 17.5 percent growth.

Essam el-Sagheer, authority’s chairman, stated during a press conference held Tuesday that investment portfolio has reached around 139 billion pounds at the end of June 2014.

He added that the investment revenues on those investments hit around 13 billion pounds, marking 4 percent increase estimated at 473 million pounds compared to the earlier year.