National Company for Asset Management converts debt into equity to clear main market capital floor

A state-owned company parked on the EGX’s SME market is converting shareholder debt into equity to clear the main market’s capital floor. a bourse disclosure (pdf)

IN CONTEXT- last week in June

AAIB’s 1H earnings rise

Arab African International Bank (AAIB) reported a 27% y-o-y increase in net income to USD 202.8 mn in 1H 2026 earnings release (pdf)

3C codes a path to Saudi

Homegrown education platform 3C Coding School raised USD 3 mn in a seed round. MRG Economic Group

IN CONTEXT- raised USD 4.5 mn looked more broadly

Gulf money eyes the Corniche

Gulf money is circling Cairo’s Nile front.

There’s a parallel track