• Thursday, 3 March 2022

    NI Capital’s fixed income fund closes early on high demand

    National Investment Bank subsidiary NI Capital’s fixed income fund closed 30x oversubscribed yesterday, attracting EGP 1.5 bn of inflows, Planning Minister Hala El Said announced in a statement. The fund, which launched in mid-February, closed early on the back of...
  • Thursday, 10 February 2022

    THIS MORNING: Macro Group’s EGX debut + It’s inflation day

    Good morning, wonderful people. We’ve made it through another workweek together, and our reward is what can only be called one hell of a news day — a news day that reinforces what we think is fast becoming one of...
  • Monday, 7 February 2022

    Local carbon credit exchange in the works

    The Environment Ministry is working with the EGX on a proposal to set up a platform that would allow companies to buy and sell carbon credits, Al Mal quoted EGX Chairman Mohamed Farid as saying. The proposal will soon be...
  • Tuesday, 30 November 2021

    Meet our analyst of the week: NI Capital’s Shady Amr Al Afify

    OUR ANALYST OF THE WEEK- Shady Amr Al Afify, senior analyst at NI Capital (Linkedin).My name is Shady Amr Al Afify and I joined NI Capital two months ago, working on the buy-side on their asset management team. I started...
  • Wednesday, 1 September 2021

    Ergo buys 49% stake in studio behind Souad, Paranormal

    State-owned media investment firm Ergo Media Ventures will acquire a 49% stake in TV and film production company Film Clinic, it said in an emailed statement (pdf) yesterday. The firm will invest a total of USD 5 mn in Film...
  • Monday, 1 March 2021

    Misr Life Ins. IPO in 2022?

    Misr Life Ins. won’t be ready for its EGX debut as part of the state privatization program before the end of 2021, Public Enterprises Minister Hisham Tawfik tells Al Mal. The company is set to sell 25% of its shares...
  • Wednesday, 17 February 2021

    NI Capital’s money market fund closes early on huge investor demand

    Siula, NI Capital’s money market fund, was more than 21x oversubscribed when it closed yesterday, attracting EGP 1.075 bn of inflows, Planning Minister Hala El Said announced in a statement. The fund, launched in January, was supposed to close on...
  • Wednesday, 17 February 2021

    NI Capital’s money market fund closes early on huge investor demand

    Seyola, NI Capital’s money market fund, was more than 21x oversubscribed when it closed yesterday, attracting EGP 1.7 bn of inflows, Planning Minister Hala El Said announced in a statement. The fund, launched in January, was supposed to close on...
  • Monday, 8 February 2021

    Fintech vies with healthcare as Egypt’s hottest sector

    E-payments giant Fawry is looking to make up to two acquisitions this year, founder and CEO Ashraf Sabry tells Reuters in an interview picked up by the local press. The company is apparently exploring seven or eight startups offering B2C...

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