Banks EFG Hermes board approves Credit Libanais stake sale for $33/share Yomna Yasser Mar 17, 2016 0 Egypt-based investment bank, EFG Hermes announced in a statement Thursday its board of directors had approved the…
Tech news Telecom Egypt to sell stake in Nokia Egypt for $1.5mn Yomna Yasser Mar 10, 2016 0 State landline monopoly, Telecom Egypt plans to sell its stake in Nokia’s Egyptian unit for 11.5 million…
Banks Billionaire Naguib Sawiris’ investment banking foray bets on Egypt revival Yomna Yasser Mar 7, 2016 0 Egyptian billionaire Naguib Sawiris is expecting his acquisition of two investment banks to pay off with the…
Industry & Trade Qalaa completes deal to sell microfinance company to EFG Hermes Yomna Yasser Mar 6, 2016 0 Egypt-based Qalaa Holdings announced Sunday that one of its business units, Finance Unlimited decided to sell off…
Financial Institutions EFG Hermes seizes 76.7% of Tanmeyah for US$44mn aya salah Feb 24, 2016 0 EFG Hermes, the leading investment bank in the Arab world, has entered into a binding agreement to acquire 76.7% of…
Financial Institutions EFG Hermes’ leasing arm targets 25% capital rise Yomna Yasser Feb 3, 2016 0 EFG Hermes Leasing, a wholly-owned subsidiary of leading investment bank EFG Hermes Holding, is planning to raise…
EGX EFG Hermes targets new IPOs for food, health sectors this year Yomna Yasser Feb 2, 2016 0 Egypt’s EFG-Hermes, the leading investment bank in the Middle East, says Tuesday it plans to run some new initial…
Banks EFG Hermes says targets 10 M&A deals this year Yomna Yasser Feb 1, 2016 0 Egypt’s EFG-Hermes, the leading investment bank in the Middle East, is seeking to run ten new mergers and…
Banks EFG-Hermes tops Thomson Reuters’ MENA ECM list for 2015 Yomna Yasser Jan 26, 2016 0 EFG Hermes, closed 2015 as the number one investment bank in MENA as ranked by fees generated from equity capital…
Banks Egypt’s EFG-Hermes plans renewable energy investments in Europe, MENA Yomna Yasser Jan 21, 2016 0 Egypt-based EFG-Hermes Holding, the largest independent Arab investment bank, is planning to build a portfolio of…