NI Capital’s Sahmy 70 fund posts 66.3% return in first year

By Aya Anwar On Jun 28, 2026

Egypt’s NI Capital said on Sunday its Sahmy 70 fund generated a cumulative return of 66.3 per cent in its first year since its launch on 23 June 2025, while attracting around 750 million Egyptian pounds in investments channelled into companies listed on the Egyptian Exchange’s (EGX) EGX70 index.

Minister of Planning and Economic Development Ahmed Rostom said the fund’s performance comes as part of the ongoing restructuring of the National Investment Bank (NIB) and efforts to maximise the state’s investments through its subsidiaries, particularly NI Capital.

Rostom said the restructuring process is progressing alongside efforts to resolve the NIB’s financial entanglements with state institutions, noting that agreements worth 196 billion Egyptian pounds were recently signed to settle debts related to water companies and the Ministry of Agriculture.

He added that the coming period will see an expanded role for institutions affiliated with the Ministry of Planning and Economic Development to support entrepreneurship, startups, and development investments.

According to a Cabinet statement, the Sahmy 70 fund provides investors with immediate exposure to a portfolio of 70 companies without the need to purchase individual stocks, offering a cost-effective investment option.

Attribution: Amwal Al Ghad English