The Bahraini GFH Group has set an initial investment target of $500 million to be injected into the Egyptian market through its investment arms operating in the health, education, and logistics sectors, according to a document obtained by the sources cited by local media.

This came after the CEO of GFH Capital, Razi Al Murabati, stated the company's interest in investing in the health, logistics, and education sectors in Egypt, during the recent Future Investment Initiative conference held in Riyadh.

The group is currently in the process of exploring various investment prospects in Egypt, aiming to conclude one of them at the beginning of 2024.

The group's education investment arm, Britus, has engaged a financial advisor based in Egypt to assist in acquiring a pre-university educational institution, according to sources.

Within the scope of exploring opportunities for collaboration and joint investments, the GFH Group is engaged in advanced discussions with one of the specialized education investment platforms in Egypt, owned by a major financial institution and a sovereign entity. It is also possible that the GFH Group may participate in the capital of this platform at a later stage.

Insiders further revealed that GFH Partners, the logistics investment arm of the group, is actively evaluating prospects in the smart transportation sector in Egypt. The year 2024 is expected to witness the group's initial investments in the Egyptian sectors, including the health and transportation sectors.

Last Thursday, the company announced to the Bahrain Stock Exchange that it is commencing the due diligence process for an Egyptian educational institution, although further details were not provided.

As stated on the group's website, GFH currently manages assets valued at up to $17.6 billion and operates in various fields, including asset management, real estate, education, healthcare, and technology. The company focuses on profitability and sustainability through its investments in multiple countries.