For the Third Consecutive Year NI Capital wins the Awards of “Fastest Growing” Investment Banking Advisory Firm, and “Fastest Growing” Investment Management Company by International Finance Magazine for 2020
For the third year in a row, NI Capital wins “Fastest Growing Investment Banking Advisory Firm” and “Fastest Growing Investment Management Company” awards, by the International Finance Magazine in its Financial Awards Category for the year 2020.
International Finance Awards recognize industry talent, leadership skills and capabilities based on a wide range of international banking and investment standards. Upon careful consideration of nominations by a qualified and experienced research team, winners were declared according to the strength of their application and past accomplishments.
Mohamed Metwally, CEO and Managing Director of NI Capital commented on the awards saying: “We are delighted to be recognized by such a distinguished international financial and business analysis magazine for the third consecutive year.”
He added: “These awards come at a very challenging time, when Egypt and the world faced the detrimental economic side effects of the COVID-19 pandemic. Nevertheless, NI Capital kept expanding despite the challenges, and will continue its efforts to develop new services and products to cater to its rapidly growing client base. We strive to make a felt positive impact on the evolution of the non-banking financial industry.”
This past year, NI Capital accomplished several milestones which included acquiring “Arabeya Online” – a leading retail electronic brokerage firm, which ranked fourth in terms of retail trading values for the year 2020, launching its “Siula” Fund, which was the first money market fund to be established by an investment bank that raised more than1.75 billion Egyptian pounds in its IPO, and acting as the financial advisor to “Damietta Furniture City” in arranging a long-term loan worth 1.5 billion Egyptian pounds to finance the investment cost of its infrastructure.