Chairman Message

Dr. Ayman Kandeel

CHAIRMAN – Fanarah Developments

• Dr. Ayman Kandeel is the founder of Fanarah Developments, he also founded Borak Capital Holding, S.A.E., an Egyptian boutique investment banking firm as well as Pi Capital Inc., in the United States of America in 2006, established and co owns the Arab African International Securities, one of Egypt’s top brokerage firms.

• As an accomplished Economist, over the last fifteen years, Dr. Kandeel helped raise significant investment funds for various large companies operating in the areas of real estate, finance and entertainment.

• Dr. Kandeel has been a professor at Cairo University, lectured at the University of Southern California, was awarded tenure in Cairo University’s Economics Department, earned his doctorate in the field of Financial Markets from the University of Southern California and holds Master Degrees in Economics from both UC Santa Barbara and the American University In Cairo, as well as a B.A. in Economics from Cairo University.

• Dr. Kandeel sits on the board of various corporations including the Arab African International Securities, AK for Real Estate Marketing & Development, PACC, Al Forsan, and Borak Capital Holding