Dr. Ayman Kandeel

About Me

Professor Ayman Kandeel is the CEO of Fanarah Development, LLC, a company he founded in 2012. As an economist and serial entrepreneur, Ayman is well known.


Dr. Ayman Kandeel, the founder and CEO of Cairo-based boutique investment bank Borak Capital Holding, orchestrated and oversaw the sale of AK for Real Estate Marketing and Development (AKREM) to Inertia Developments in November 2018. Most of AKREM's investors saw a return of more than 300 percent as a result of this deal.

Professor Kandeel holds a Ph.D. in emerging financial markets from USC, an MA in economics from the American University in Cairo, as well as an MA in economics from the University of Southern California. He taught at Cairo University from 2003 to 2009. In addition to the University of Southern California and California State University, Long Beach, he also taught there. Dr. Kandeel retired from the academic sector in April of 2011 in order to devote more time to his companies in Egypt and the United States.

Dr. Kandeel now serves on the boards of several firms, including Arab African International Securities, The Space SaMo, Pacific Agencies and Contractors Corporation, Al Forsan Holding, and Borak Capital Holding.