Egypt’s EFG Hermes becomes universal bank after aiBANK acquisition completion
Egypt’s EFG Hermes has officially become a universal bank after finalising its acquisition of a 51 percent stake in…
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Sovereign Fund of Egypt
Egypt’s Sovereign Fund partners with Scatec, Fertiglobe to develop green hydrogen facility
Norwegian renewable energy producer Scatec signed an agreement on Thursday with Fertiglobe and the Sovereign Fund…
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 sovereign funds, banks, investors to set up new education investment platform
An alliance of the Sovereign Fund of Egypt (TSFE), Banque Misr, Suez Canal Bank, Misr Insurance Holding, and a…
Egypt’s EFG Hermes eyeing minority stakes in startups after AIB acquisition deal
Egypt’s investment bank EFG Hermes Holding is targeting minority stakes in startups after its acquisition of a…
EFG Hermes: Arab Investment Bank valuation pegged at EGP 1.1 billion
EFG Hermes said on Wednesday that the Arab Investment Bank (aiBank) had been valued between 900 million Egyptian…
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…
Egypt’s sovereign fund reportedly eying controlling stake in e-Finance
Sovereign Fund of Egypt is in talks to acquire part of the National Investment Bank’s 69 percent stake in…
Abu Dhabi’s ADNOC considers acquiring Egyptian military-affiliated Wataniya…
Abu Dhabi National Oil Co. (ADNOC) is mulling the acquisition of a majority stake in Wataniya Petroleum Company,…
Sovereign Fund of Egypt has assets of EGP13 bln, its CEO told CNBC Arabia
The Sovereign Fund of Egypt (SFE) now has portfolio of owned assets has separately reached 13 billion Egyptian…
