Egypt’s EFG Holding reports 20% profit growth in Q2 of 2023
EFG Holding’s net income rose 20 percent year-on-year to 405 million Egyptian pounds in second quarter of 2023,…
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EFG Hermes Holding S.A.E.
EFG Hermes 2022 revenues grow 77%
Egypt’s investment bank, EFG Hermes reported on Wednesday a 77 percent year-on-year growth in revenues to 11…
Orascom Development Egypt signs EGP 1.5 bln financing with CIB Egypt
Orascom Development Egypt (ODE) announced on Sunday that its subsidiary Orascom for Real Estate (ORE) has signed a…
EFG Hermes, Madinet Nasr for Housing sign sale and leaseback deal
Egyptian investment bank EFG Hermes announced on Sunday that it had signed a sale and leaseback agreement worth 750…
Egypt’s EFG Hermes partners with Microsoft to speed up its digital transformation
Egypt’s investment bank EFG Hermes announced on Monday a strategic cloud partnership with Microsoft.
Through the…
Egypt’s EFG Hermes negotiating to buy stake in Spain’s Ignis – paper
Cairo-based investment bank and financial group EFG Hermes is in talks to buy a stake in privately held Spanish…
Sovereign Fund of Egypt, EFG Hermes gain c.bank approval for aiBANK takeover
Financial Services and Fintech sub-fund, owned by the Sovereign Fund of Egypt (TSFE), and EFG Hermes announced on…
Egypt’s SODIC unit closes its first EGP 343 million securitisation bond issuance
Egypt’s property developer SODIC announced on Tuesday that it had closed its first securitisation bond issuance…
Egypt’s sovereign fund subscribes to invest EGP 250m in Egypt Education Fund
The Sovereign Fund of Egypt (TSFE) has subscribed to invest more than 250 million Egyptian pounds ($16 million) in…
Value of Arab Investment Bank acquisition deal not determined yet: EFG Hermes
Investment bank, EFG Hermes said on Monday that the value of the acquisition deal of the Arab Investment Bank…
EFG Hermes 2020 revenues climb 12% year-on-year
Egypt’s investment bank EFG Hermes Holding reported on Wednesday a 12 percent year-on-year growth to reach 5.5…
EFG Hermes’ Karim Awad named among Forbes Middle East’s Top 100 CEOs list
Forbes Middle East has released its first annual "Top CEOs in the Middle East" ranking; the list has included EFG…
EFG Hermes completes advisory on acquisition of Kuwait’s Al Faysal Bakery & Sweets by…
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced that its…
EFG Hermes to win fresh approval for EGP 170 mln securitized bond issuance soon
A fresh 170 million Egyptian pound ($10.8 milion) securitised bond issuance EFG Hermes is looking to take to the…
EFG Hermes ranks first in Egypt, Kuwait, Dubai, and Kenya during 2020
EFG Hermes ranked first for in Egypt, Kuwait, Dubai, and Kenya, placing second in Abu Dhabi and Nigeria (by value…
EFG Hermes closes EGP 700m securitisation bond issuance for Amer, Qasatli, Porto
The Egyptian Financial Group Hermes Holding (EFG Hermes) has concluded the first issuance of a securitisation…
EFG Hermes, Egypt Sovereign Fund reportedly to complete due diligence on AIB bank in Feb
EFG Hermes and the Sovereign Fund of Egypt (SFE) will complete due diligence on the Arab Investment Bank (AIB) by…
Egypt’s EFG Hermes Q3 net profit rises 18% y-o-y
Egypt’s investment bank, EFG Hermes Holding reported on Wednesday an 18 percent year-on-year growth in its net…
EFG Hermes unit tops 22.38% Egypt leasing market share in August
EFG Hermes Leasing, part of investment bank EFG Hermes Holding, has grabbed 22.38 percent of the Egyptian leasing…
EFG Hermes’ Vortex Energy sells controlling stake in its UK solar portfolio
EFG Hermes' renewable energy investment company Vortex Energy has sold on Sunday a controlling stake in its UK…
EFG-Hermes: AUM Hits $3 billion in Arab World
EFG-Hermes Holding S.A.E. (HRHO.CA) – the leading investment bank in the Arab world – is capturing total assets…
EFG Hermes Board of Directors Names Karim Awad as Group Co-CEO
Investment banking veteran joins Yasser El-Mallawany as CEO of EFG Hermes Holding S.A.E. EFG-Hermes (HRHO.CA), the…