Industry & Trade EFG-Hermes mulls $200 million fund for Egypt, MENA green energy projects Yomna Yasser Jan 10, 2016 0 Egyptian Financial Group Hermes Holding is considering launch of a US$200 million renewable energy fund to spur…
Egypt News Egypt offering $6 billion green energy prospects until 2018 Yomna Yasser Jan 10, 2016 0 Egypt is offering an investment opportunity of at least $6 billion to 2018 in the renewable energy sector including…
Banks EFG Hermes says devaluation is the sole option in Egypt Noha Gad Dec 22, 2015 0 The devaluation of the Egyptian pound is necessary to improve liquidity and start an equity market rally, the…
Real Estate AmCham: Egypt real estate sector shows promising growth opportunities Yomna Yasser Dec 6, 2015 0 Egypt’s real estate sector offers promising growth opportunities owing to the rise in demand for housing units and…
Banks EFG-Hermes Leasing eyes Islamic credit line from Gulf lender Yomna Yasser Dec 3, 2015 0 EFG-Hermes Leasing, a wholly owned subsidiary of Egypt-based investment bank EFG-Hermes, is working on securing a…
World Egyptian GDRs in London bourse shut mostly flat Friday, CIB solely up Yomna Yasser Nov 14, 2015 0 Egypt’s global depository receipts (GDRs) traded on the London Stock Exchange (LSE) finished mostly flat Friday.…
Tech news Who’s who in Egypt’s e-payment services platform Fawry after takeover Yomna Yasser Nov 12, 2015 0 A consortium of three international financial investors acquired 85 percent of Fawry, the leading electronic bill…
Banks EFG-Hermes’ newly-founded leasing unit seizes 4% of market share in Egypt Yomna Yasser Nov 11, 2015 0 EFG-Hermes, one of the Arab world's leading investment banks, said its leasing arm is capturing 4 percent share of…
Banks Egypt’s EFG Hermes records rise in Q3 net profit Yomna Yasser Nov 11, 2015 0 Egypt's EFG Hermes, one of the Middle East's largest investment banks, reported Wednesday a rise in third-quarter…
Banks EFG-Hermes stresses greater role for leasing in funding industrial sector Yomna Yasser Nov 10, 2015 0 The executive chairman of EFG-Hermes Leasing, Wael Zeyada stresses the necessity of involving the leasing sector in…