CI Capital Asset Management (CIAM), Egypt’s leading asset manager and a Forbes Top 40 asset manager in the Middle East and North Africa (MENA) region, a subsidiary of CI Capital Holding (CICH.CA), announced today a partnership agreement with Sahl, one of the region’s leading digital payment companies, under which CIAM will serve as the regional investment manager for Sahl’s portfolios as well as those of its clients across Egypt and the United Arab Emirates.
The signing ceremony was attended by Eng. Abdullah Assal, CEO of Sahl, and General Hazem Saafan, Vice Chairman and Managing Director of Sahl. The delegation was welcomed by Dr. Amr Abol-Enein, CEO and Managing Director of CI Capital Asset Management, Mr. Tarek Shahin, Chief Investment Officer (CIO), and Ms. Yomna El-Gendy, Head of Business Development.
This appointment comes as part of Sahl’s strategic initiative to maximize returns and diversify its investment portfolio, in line with its ambitious growth and expansion plan across key Gulf markets, particularly the UAE.
CI Capital Asset Management was selected from among a group of leading asset management firms in the Middle East due to its proven track record, extensive expertise, and systematic approach in managing funds and investment portfolios for major organizations across all asset classes, in both local and foreign currencies. The selection also highlights the extensive regional and global market experience of the company’s management team.”
“This partnership aligns with the Sahl’s strategic objectives and expansion plans in the Egyptian market as well as in the UAE. By partnering with CI Capital Asset Management, we aim to leverage the company’s extensive local and regional expertise to build a more diversified portfolio and capitalize on promising opportunities,” stated, Eng. Abdullah Assal, CEO of Sahl.
Dr. Amr Abol-Enein, CEO and Managing Director of CI Capital Asset Management, commented: “We are honored to be the asset manager and partner of choice for by Sahl, not only in the local market but also across the region. This is a testament to the significant trust placed in our team’s capabilities and systematic approach. This step represents a strong boost to our regional expansion plans and reinforces our position as one of the leading asset managers in the region.”
CI Capital Asset Management is Egypt’s largest asset manager in terms of assets under management. The company was ranked among the top 40 investment managers in the Middle East by Forbes (2025). With assets under management exceeding EGP 102 billion as of June 2025—the highest level in the Egyptian market—the company continues to lead the industry. It has also been recognized as the Best Asset Manager in Egypt, the Middle East, and Africa by several international institutions specializing in fund and portfolio management.


