EFG-Hermes Plans Asset Sales As QInvest Deal Fails
EFG-Hermes Holding SAE (HRHO.CA), Egypt’s largest investment bank, said it will sell assets and cut costs after an…
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QInvest
Hermes, QInvest Declare JV Agreement Expiration
EFG Hermes (HRHO.CA), the leading investment bank in the Arab world, and QInvest, Qatar’s leading investment bank,…
EGX 30 Plummets 0.53% As OCI, Hermes Files Still Muddling On
During midday session, the Egyptian Exchange (EGX) has incurred losses of EGP 1.2 billion driven by foreign selling…
EGX 30 Ends At 5231 Pts, Market Awaits Hermes-QInvest Completion
The foreign selling pressures have driven the Egyptian Exchange (EGX) to turn its opening gains to closing losses…
EGX Indices Opened This Week In Green On Hermes-QInvest Deal Optimisms
The Egyptian Exchange (EGX) has opened this week posting early gains of EGP 166 million powered by the state…
EGX 30 Ends Below 5300 Pts, Orascom Telecom Climbs 2.20%
During Tuesday closing, the Egyptian Exchange (EGX) has turned its midday gains into losses of EGP 63 million…
Egypt Premier Pledges Hermes-QInvest Deal Completion This Week – Sources
Egypt’s Prime Minister Hisham Kandil, vowed Hermes-QInvest takeover deal’s completion procedures before the…
IGA Is Delaying EFG Hermes-QInvest Deal; Sources
The Egyptian Illicit Gains Authority (IGA) has sent a notice to Egypt’s financial regulator (FSA) asking not to…
EFG-Hermes: QInvest Deal Threatened By Egypt Regulator Approval Delay
EFG Hermes (HRHO.CA) said on Sunday it was still waiting for approval from Egyptian regulators for a deal with…
EFG-Hermes Takeover By Qinvest Mired In Delays As Deadline Nears
The takeover of EFG-Hermes Holding SAE (HRHO.CA), Egypt’s biggest investment bank, by Qatar’s QInvest LLC is…
