First School Management (FSM), the school's advisory initiative by GEMS Education, has signed its first intellectual property agreement with Spark Education Platform (SEP) to launch the GEMS brand in selected schools in Saudi Arabia and Bahrain.
U Consumer Finance S.A.E. (“Valu”), the leading universal financial technology powerhouse in Egypt, announced today its intention to proceed with the trading of its shares on the Egyptian Exchange (the “EGX”), following the completion of an in-kind dividend distribution* by EFG Holding S.A.E. (“EFG Holding”) (the “Dividend Distribution”). Valu was listed on the EGX on 21 May 2025 (the “Listing,” and together with the Dividend Distribution, the “Transaction”). Valu’s shares will be admitted to trading on the EGX following registration with the Egyptian Financial Regulatory Authority (the “FRA”), the completion of the Dividend Distribution and the ratification of the trading disclosure report by the FRA**.
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today the successful conclusion of Egypt’s largest corporate bond issuance to date, a bond issuance valued at EGP 2.65 billion for EFG Corp-Solutions, a subsidiary of EFG Finance and one of Egypt’s leading leasing and factoring companies. This transaction marks the fourth bond issuance for EFG Corp-Solutions.
Education Above All Foundation’s Silatech programme, in collaboration with Tanmeyah, a subsidiary of EFG Holding, and a leading provider of innovative and integrated financial solutions for small business owners and entrepreneurs, partnered to launch the Youth Self-Employment Initiative to tackle Egypt’s youth unemployment crisis. The 3.5-year initiative will economically empower 305,000 young Egyptians by providing access to financing, financial literacy training, and business development support to establish and expand micro and small enterprises across key economic sectors.
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division has successfully closed the issuance of a senior unsecured short-term note for the Hermes Securities Brokerage Company (HSB), a wholly owned subsidiary of EFG Holding, in an EGP 900 million transaction. This marks the company's sixth issuance and the first in an approved program worth EGP 3 billion.
Valu, MENA’s leading universal financial technology powerhouse, announced today that it has finalized its 15th securitized bond issuance, worth EGP 1.036 billion, with EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), this brings Valu’s total securitizations value to EGP 12.3 billion. The issuance is the fifth under the newly approved securitization program, which is worth a total of EGP 16.0 billion.
EFG Holding, a financial institution with a universal bank in Egypt and the leading investment bank in the Middle East and North Africa (MENA), announced today its results for the first quarter of 2025. EFG Holding reported revenues of EGP 5.6 billion in 1Q25, marking a 34% Y-o-Y decline. However, this decrease was entirely attributable to the exceptionally high base in 1Q24, which included the effect of the large devaluation of the EGP against the US Dollar, translating into a substantial foreign exchange (FX) gain. Barring this FX impact, EFG Holding demonstrated exceptional operational performance, with all business lines showing resilience and strength. Excluding the impact of any FX gains over both periods, the Group’s revenues would be up 31% Y-o-Y, underscoring the Group’s robust execution and momentum across its core activities, mainly the Investment Bank, EFG Hermes, and the Non-Bank Financial Institutions (NBFI) Platform, EFG Finance, followed by the Commercial Bank, Bank NXT
Tanmeyah, a subsidiary of EFG Holding, and a leading provider of innovative and integrated financial solutions for small business owners and entrepreneurs, received the “Excellence in Customer Relationship Management” award at the MENA Banking Excellence Awards. This recognition celebrates the company’s client-centric approach and continued commitment to financial inclusion across Egypt.
Valu, MENA’s leading universal financial technology powerhouse, announced today a collaboration with Vezeeta Lab, the Innovation Hub of MENA’s leading health-tech platform Vezeeta, and Geidea, a renowned payment solutions provider. This partnership will help make healthcare services in Egypt more accessible, affordable, and seamless for millions of patients.
Tanmeyah, a subsidiary of EFG Holding and a leading provider of financial services in Egypt with a concerted focus on microfinance enterprise segments, signed today a strategic partnership with AMAN Holding - a Raya Holding subsidiary and fintech group in Egypt. The agreement will enable Tanmeyah to roll out new digital channels that allow customers to receive their financing and pay their installments more easily and flexibly.
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