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Hana Amin

For the Second Consecutive Year NI Capital Emerges as “Fastest Growing” Investment Banking Advisory Firm and Investment Management Company by International Finance Magazine for 2019

By | Uncategorized

For the second consecutive year, NI Capital wins “Fastest Growing Investment Banking Advisory Firm” with an additional award this year for “Fastest Growing Investment Management Company” by International Finance Magazine in its Financial Awards Category for 2019. International Finance is a premium financial and business analysis magazine, published by UK’s International Finance Publications Ltd.
Mr. Mohamed Metwally, CEO & MD at NI Capital Holding commented on the win noting, “We are delighted to have been awarded this prize for the second consecutive year in a row in recognition of our continuous effort to expand our business in the Egyptian market to bridge the gap between the private and public sectors.” He went on to say, “This award is dedicated to the tireless efforts of NI Capital employees and the unwavering commitment of its shareholders.”
Mr. Ihab Swellem, Managing Director of Investment Banking Advisory Services at NI Capital said, “We are committed to supporting the efforts of the Government of Egypt and a multitude of private sector business partners to provide non-banking financial services in a distinct and professional manner to cement our leadership. Our cooperation with the government in implementing the IPO Program is a testament of this distinction.”
Mr. Hazem Kamel, Managing Director of Investment Management at NI Capital said, “This year, NI Capital has also won Fastest Growing Investment Management Company by the prestigious IFM; our Investment Management division focuses on growth, impact investing, and sustainable development; managing funds on behalf of the government, institutional investors, and financial institutions in a diverse range of asset classes to drive greater economic impact.” He went on to say, “In this regard, we are proud of our role in establishing and managing the first national investment charity education fund, Education Is Life, managing the fund as an endowment in an institutional and professional manner. ”
NI Capital Holding is a wholly owned subsidiary of the National Investment Bank (NIB); working on managing several cross-ministerial national projects to bridge the public and private sectors by leveraging its unique positioning with key leadership and decision-making circles, and major domestic and international financial institutions to promote economic cooperation and development in the Egyptian market.
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NI Capital initiates IPO of National Investment Charity Education Fund

By | Investment Management

CAIRO – 18 December 2019: Planning Minister Hala el Saaed announced on Thursday that NI Capital, a leading Egyptian financial services holding company, has initiated IPO of the National Investment Charity Education Fund; the first charity education fund of its kind in Egypt.

The IPO starts with at least LE 100 and has no upper limit, the Planning Ministry said in a statement on Wednesday.

Saaed said that the National Investment Charity Education Fund is an investment vehicle established to create sustainable support to efforts aimed at enhancing the quality of the education system and shore up the education reform program currently being implemented by the Education Ministry; ultimately transforming the youth for a better future, the statement said.

NI Capital is the investment manager of the fund. The fund aims to mobilize resources and inspire local and international communities to invest in education for sustainable economic, social and environmental development.

H.E. Dr. Hala el Said, Minister of Planning, Monitoring and Administrative Reform at NI Capital, Ayady and their portfolio companies’ booth at Cairo ICT 2019

By | Corporate Communication

Dr. Hala Al Saeed: Cairo ICT exhibition is a platform that brings together development partners from the public and private sectors

Cairo – December 2, 2019

H.E. Dr. Hala el Said, Minister of Planning, Monitoring and Administrative Reform at NI Capital, Ayady and their portfolio companies’ booth during the opening events of the Cairo ICT 2019 exhibition.

Participating companies at the booth included Damietta City Furniture Company, Enma Finance Company, and Ergo Media Ventures.

NI Capital Holding Group and Ayadi for Investment and Development are proud of their effective role in stimulating economic growth and achieving the desired development in various aspects of the Egyptian economy through their work in the areas of non-banking financial services, industrial development and media and media technology.

“We are delighted that our companies are part of the 23rd edition of Cairo ICT” said Mr. Osama Saleh, Chairman of Ayady for Investment and Development Company.

Mr. Mohamed Metwally, Managing Director and CEO of NI Capital, said, “We were honored by the visit of Dr. Hala El Said to our booth at the exhibition and we hope to establish the position and role of our companies within the National Investment Bank Group in supporting economic development.”

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“Straight to the Goal” receives Ergo Media Ventures’ Prize at the 3rd Gouna Film Festival

By | Investment Management

During the Gouna Film Festival’s 3rd Edition in September 2019, Ergo’s $10,000 prize with the CineGouna platform was awarded to the Egyptian project “Straight to the Goal”; a feature narrative in development by young and upcoming director Tamer Ashry.

 

The film follows Ali, an aspiring soccer player from Egypt who was recently recruited and moved to Marseille to pursue a professional career in the sport. After suffering a debilitating injury, he is forced to navigate the underground life of Marseille’s illegal immigrants while balancing an explosive temper and budding romance.

 

It is worth mentioning that the project won four other awards making it the winner of the highest number of awards this year; reflecting its strong potential.

 

Last year’s Ergo prize-winning movie; “1982”, went on to win multiple awards in several festivals including the NETPAC award in the Toronto International Film Festival, and the prestigious FIPRESCI critics award in this year’s GFF official competition. These awards have placed the film on a track for international recognition with its latest achievement being Lebanon’s submission for the Oscars.

 

Ergo is committed to supporting promising cinematic projects and aspiring talents in their endeavor to share their visions with the world.

 

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Ergo Sponsors El Gouna Film Festival’s CineGouna Platform for the Third Consecutive Year

By | Investment Management

Ergo Media Ventures will be awarding the Creative Media Ventures (“CMV”) $10,000 prize at El Gouna Film Festival’s CineGouna platform for the third consecutive year. The CMV prize is awarded annually to exceptional Arab film projects  as part of Ergo’s objective to support the film industry and creative talents, and promote  Egypt’s historical position as the regional culture center.

Ergo Media Ventures is a dynamic investment firm committed to transforming the media landscape in Egypt and beyond. With a primary focus on digital and traditional content creation and distribution, Ergo aims to empower creative players in the media industry and to re-establish the Egyptian media and entertainment industry as a sustainable economic, social, and cultural power. Ergo was established in 2018 by Ayady for Investment and Development, and is managed by NI Capital, a fully owned subsidiary of National Investment Bank.

“We are very excited to be part of the third edition of El Gouna Film Festival’s CineGouna Platform again this year. We are keen on supporting pormising projects and talents in their development and progression to help them grow, fullfill their potential and bring them to light” said Hazem Kamel, Managing Director of Private Equity at NI Capital.

Last year, the CineGouna jury presented Ergo’s Creative Media Ventures prize to “1982”; a love-in-wartime romancer film in the post-production phase by Director Oualid Mouaness and Producer Christian Eid and staring Nadine Labaki.

“Ergo’s post-production prize at CineGouna Platform was vital to the making of ‘1982′! Specifically, this prize was awarded at a very crucial time, in the middle of the post-production, which allowed us to finish the film and release it today on big screens worldwide. Ergo’s participation has been invaluable.” said Eid.

Following its completion, 1982 was selected to participate in this year’s Toronto International FiIm Festival where it was awarded the NETPAC Award for World or International Asian Film Premiere, and to also come back to the Gouna Film Festival to participate in its official competition; which reflects the exceptional quality of this project.

“It is very rewarding to contribute to such an outstanding project that raises the bar in the Arab film industry and carves a space for Arab cinema in the Global marketplace.” said Gamal Guemeih, Investment Manager at Ergo Media Ventures.

 

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Mohamed Metwally New CEO for NI Capital Holding

By | Corporate Communication

The Board of Directors of NI Capital Holding – the investment arm of the National Investment Bank – announced the appointment of Mohammad Kamal Metwally as the new CEO of the company as of August 1st.

Minister of Planning, Monitoring and Administrative Reform, Dr. Hala el Said highlighted the significant contribution of financial institutions to the economic development in Egypt, pointing out that Egypt is witnessing remarkable progress as a result of the economic reform program through the effective support of the banking sector.

Mr. Metwally has been Deputy CEO of HC Securities & Investment since 2012. Prior to his work in Egypt, Metwally served as CEO of Siraj Real Estate Company in Abu Dhabi and was Head of Investment Banking at HSBC, Standard Chartered Bank in Dubai, Merrill Lynch in London, and Salomon Brothers in London and New York.

“We are pleased that Metwally has joined NI Capital Holding with his local and international experience in the field of financial advisory services and we wish him success in leading the company in the next phase,” said Mahmoud Montasser, CEO of National Investment Bank and Chairman of NI Capital Holding.

From his side Metwally said: “I am honored to assume my new position during this important phase in the Egyptian market, which is witnessing a surge supported by the positive signs of the economic reform program.”

He added that ” I expect that NI Capital will take its proper place in this promising market during the next phase.”

Mohamed Metwally has extensive experience in international and domestic institutions in the field of financial advisory for merger & acquisition, and financing through shares, bonds and bank financing.

Metwally began working in the financial sector in New York as a researcher for the real estate sector of Salomon Brothers.

Metwally holds an MBA from Columbia University in New York, where he received a fellowship.

He also holds several specialized training courses from INSEAD University in France and London Business School in England.

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Launch of the National Investment Charity Education Fund Announced in Al Ahram

By | Investment Management | No Comments

The National Investment Charity Education Fund is an investment vehicle established to create sustainable support to enhance the quality of the education system and support the education reform program currently underway by the MoE; ultimately transforming the youth for a better future.

NI Capital’s investment management arm is managing the fund; setting up its mechanics, investment strategy, and operating with a solid governance structure that administers charitable work and waqf in an institutional and professional manner.

Ayady Proud Partners of the First Startupbootcamp FinTech Accelerator Program

By | Investment Management

With the conclusion of the first Startupbootcamp FinTech Accelerator Program, it is important to look at the impact Ayady’s partnership has made on the development of the startups.

The startups that showcased their ideas at the Demo Day were:

Clix: Peer-to-peer money transfer

Compareha: Online marketplace for financial products

ElGameya: Peer-to-peer savings tool

El Zatona: Cloud-based retail management system

Fawaterak: Billing and online payment service

Neqabty: Platform for automated syndicate services

Netsahem: Fundraising platform for charities

Seventail: Open-source SaaS for local merchants

XPay: Platform and mobile app for smart, cashless communities

Youspital: Digital healthcare services platform

NI Capital is keen to support aspiring fintech innovators working inline with Ayady’s vision to create sustainable, developmental impact – financial inclusion, job creation and access to finance.