Egypt’s NSPO acquires 24% from three steel firms for $324mln
The National Service Projects Organisation (NSPO) acquired 24 percent stake of three firms affiliated to Beshay…
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EFG-Hermes
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…
EFG Hermes publishes 4th issue of valU bonds for EGP 856.5 million
Egypt's investment bank, EFG Hermes has published on Tuesday the 4th issue of the securitisation bonds to its…
EFG Hermes drives brokerage trading in EGX by EGP 4.5bln in week
Egypt's investment bank EFG-Hermes has led the brokerage firms on Thursday with 4.5 billion Egyptian pounds in…
Egypt’s c.bank expects 200bps interest rate hikes next Thursday- Reuters poll
The Central Bank of Egypt (CBE) will raise its overnight interest rates by 200 basis points on Thursday, a Reuters…
EFG Hermes says Q3 revenues grew two-fold
EFG Hermes reported on Wednesday a 95 percent year-on-year growth in group revenues in the third quarter of the…
Crédit Agricole to buy 60 million shares in Egypt unit – Bloomberg
French bank Crédit Agricole plans to purchase 60 million shares of its unit in Egypt at 6.23 or 7 Egyptian pounds…
EFG Hermes’ valU acquires fintech company Paynas
EFG Hermes’ consumer finance arm valU announced on Monday it had acquired 100 percent of digital HR and payroll…
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 Corp-Solutions concludes bond issuance of EGP 500 mn
EFG Hermes Corp-Solutions has successfully concluded an EGP 500 mn bond issuance that the company said is the first…
