The National Service Projects Organisation (NSPO) acquired 24 percent stake of three firms affiliated to Beshay Steel …
EFG-Hermes
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Egypt’s investment bank, EFG Hermes reported on Wednesday a 77 percent year-on-year growth in revenues to 11 …
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Egypt NewsFinancial InstitutionsMoney
EFG Hermes publishes 4th issue of valU bonds for EGP 856.5 million
by Sama Mousaby Sama MousaEgypt’s investment bank, EFG Hermes has published on Tuesday the 4th issue of the securitisation bonds to …
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EGXEgypt NewsNewsStocks
EFG Hermes drives brokerage trading in EGX by EGP 4.5bln in week
by Nada Ali & Sama Mousaby Nada Ali & Sama MousaEgypt’s investment bank EFG-Hermes has led the brokerage firms on Thursday with 4.5 billion Egyptian pounds in …
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BanksEditors' PicksEgypt NewsFeatureFinancial InstitutionsMoneyNews
Egypt’s c.bank expects 200bps interest rate hikes next Thursday- Reuters poll
by Nada Aliby Nada AliThe Central Bank of Egypt (CBE) will raise its overnight interest rates by 200 basis points on …
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BanksFinancial InstitutionsMoney
EFG Hermes says Q3 revenues grew two-fold
by Yomna Yasserby Yomna YasserEFG Hermes reported on Wednesday a 95 percent year-on-year growth in group revenues in the third quarter …
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BanksEgypt NewsFeatureInternational NewsMoneyNews
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 …
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Egypt NewsFinancial InstitutionsIndustry & TradeMoneyNewsTech/AI
EFG Hermes’ valU acquires fintech company Paynas
by Yomna Yasserby Yomna YasserEFG Hermes’ consumer finance arm valU announced on Monday it had acquired 100 percent of digital HR …
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BanksFeatureIndustry & TradeMoneyReal EstateTech/AI
Orascom Development Egypt signs EGP 1.5 bln financing with CIB Egypt
by Yomna Yasserby Yomna YasserOrascom Development Egypt (ODE) announced on Sunday that its subsidiary Orascom for Real Estate (ORE) has signed …
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FeatureFinancial InstitutionsMoneyNewsStocksTech/AI
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 …