Latest in Tag: NI Capital Highlight
Latest in Tag: NI Capital

NI Capital aims to increase managed assets to EGP 12bn
Subscription in stock fund closed with target size of EGP 25m before end of year

NI Capital to open door for subscription to its equity fund by end-October
Return on investment exceeds inflation rate: Al-Nabarawi

NI Capital closes ‘Seyola’ cash fund subscription at EGP 1.075bn
Company’s success in first cash fund is evidence of its distinguished position in NBFS, says Hala El-Said

Planning Ministry announces start of subscriptions to ‘Seyola’ cash fund
New cash fund part of NI Capital’s plan to enhance financial inclusion

Planning Minister, NI Capital CEO discuss company’s major activities in Q2 of 2020/21
Company introduces investment funds to attract local, foreign investors, says Minister Hala El-Said

NI Capital sets deadline for managing bids of Sidpec’s IPO by 5 August
Bidding firms are Hermes, CI Capital, Beltone Financial, HC, and Pharos

NI Capital, Ayady, Post for Investments launch EGP 50m micro-finance fund
NI Capital, the investment arm of the National Investment Bank, Ayady for Investment and Development, and Post for Investments have joined forces to establish Tamweely for Microfinance with an issued capital of EGP 50m and an authorised capital of EGP 500m, according to a press release on Tuesday. According to the statement, Tamweely for Microfinance …

“Egypt” entrepreneurship company to be established with aim of helping small investors
The joint contribution will include the Ministry of Investment and International Cooperation, the SFD, and NI Capital, with EGP 451mn of investments

NI Capital intends to establish a direct investment fund in the second half of 2017
The company furthermore seeks to expand in direct investment

Military Production Ministry signs contract with NI Capital to restructure companies incurring losses
Military Production Ministry to administrate ration system by end of January, says Al-Assar

Investment banks prepare list of recommendations for timing, ratios of government propositions programme
Recommendations address proposals on the appropriateness of conditions for the companies that the government did not settle on yet, to be offered in the food industry and electricity sectors

NI Capital to complete evaluation of EETC assets in 3 months
The company owes NIB EGP 28bn in late dues

The currency’s devaluation is imminent: CEO of NI Capital
Most of economic experts agreed that the exchange rate will be EGP 11.5-12 to the US dollar

NI Capital evaluates 5 oil companies to offer 20% of their shares on the EGX
The list includes Sidpec, AMOC, and MOPCO, while Petrojet may follow in the second phase

Electricity Ministry agrees with NI Capital to establish 4 companies in June
EEHC to participate with 51%, the IPO will be held after assets are estimated, says chairperson

NI Capital to finish studies to establish two electricity production companies in October
Studies have three stages of evaluation including current situation of the assets, separating companies, and marketing the projects