NI Capital considers launching government bond investment fund in 2024

Updated 9/10/2024 7:36:00 AM
NI Capital considers launching government bond investment fund in 2024

Arab Finance: NI Capital Holding for Financial Investments is looking to launch a fund to invest in Egypt’s government bonds this year, the company’s CEO Mohamed Metwally told Asharq Business.

Investing in the non-banking financial sector is the company’s core business, Metwally noted, adding that NI Capital invested about EGP 22.5 million this year in the consumer finance firm One Finance.

He also revealed that NI Capital’s direct investment portfolio stands at EGP 900 million, while its overall managed assets amount to EGP 15 billion.

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