The Egypt Financial Regulatory Authority has published its first report on the performance of investment funds operating in the Egyptian market for the first quarter of 2026, showing a marked expansion in assets, fund numbers and investor participation. Net asset value rose to about EGP 410.6 billion at end-March 2026 from EGP 316 billion at end-December 2025, while the number of operating funds increased to 187 from 172. Total fund units rose to 31.4 billion from 20.3 billion, and individuals remained the largest holders with 74.34% of units, compared with 15.98% for companies and institutions. By fund type, Egyptian pound money market funds had the largest net asset value at about EGP 276.5 billion, followed by equity funds at EGP 56.4 billion. Precious metals funds grew from EGP 5.1 billion at end-2025 to more than EGP 10 billion by the end of the first quarter and posted the highest average quarterly return at 20.37%, ahead of index funds at 7.54% and private equity funds at 7.21%. The authority also said it is continuing to develop the supervisory, regulatory and legislative frameworks for investment fund activities, alongside work on transparency, efficiency, investor protection, product innovation and wider use of financial technology.