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06 FEBRUARY 2022

valU, the Leading Buy-Now Pay-Later (BNPL) Fintech Platform, Signs Partnership with The American University in Cairo (AUC) to Offer Financing Plans to Cover Undergraduate and Graduate Tuition Fees

valU, MENA’s leading buy-now, pay-later (BNPL) fintech platform, and The American University in Cairo (AUC) announced today that they have signed an agreement to offer convenient and affordable financing plans for individuals seeking to pursue an undergraduate or a graduate degree at AUC, enabling them to pay through valU.

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03 FEBRUARY 2022

MARAKEZ Joins valU in Sponsoring Hana Goda, the Youngest Egyptian National Table Tennis Champion

MARAKEZ, one of the largest mixed-use developers in Egypt, has joined valU, MENA’s leading Buy-Now Pay-Later (BNPL) fintech platform, to sponsor Hana Goda, the youngest Egyptian national table tennis champion, number 1 worldwide under 15 and 17 and number 4 under 19.

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02 FEBRUARY 2022

valU and PayTabs Egypt partner with Mazadat, Marking a First-of-Its-Kind Partnership Between the BNPL Player and the X2C Auctioning and E-Commerce Platform

valU, MENA’s leading Buy-Now Pay-Later (BNPL) fintech platform, PayTabs Egypt, the award winning  payment gateway solution, and Mazadat, the first X2C online-offline auctioning and e-commerce marketplace in the MEA region announced today a novel collaboration that will allow Mazadat’s users to utilize valU’s BNPL services for C2C and B2C e-commerce, and process online payments via PayTabs Egypt’s payment gateway.

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18 JANUARY 2022

EFG Hermes Pakistan Named Best International Brokerage Firm in the 2021 Asiamoney Brokers Poll

EFG Hermes Pakistan, a subsidiary of EFG Hermes Holding, announced today that it has been named Best International Brokerage Firm in Pakistan for the first time in the 32nd annual Asiamoney Brokers Poll, Asia’s chief equity research poll.

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11 JANUARY 2022

EFG Hermes Concludes Advisory on the First Issuance in the Approved EGP 3.0 billion Program for Madinet Nasr Housing and Development in an EGP 300 million Securitization Transaction

EFG Hermes’ investment banking division, the leading investment banking franchise in Frontier Emerging Markets (FEM), announced the close of the first issuance, worth EGP 300 million, in leading real estate development company Madinet Nasr Housing and Development’s (MNHD) three-year EGP 3.0 billion securitization program. The bond is backed by receivables portfolio of some EGP 373.9 million for the first issuance.

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05 JANUARY 2022

EFG Hermes Closes Sixth Issuance for Premium International for Credit Services in an EGP 170 Million Securitization Transaction

EFG Hermes’ investment banking division, the leading investment banking franchise in Frontier Emerging Markets (FEM), announced today that it has successfully closed the sixth issuance, worth EGP 170 million, as part of Premium International for Credit Services’ (Premium) EGP 2 billion securitization program.

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30 DECEMBER 2021

EFG Hermes Successfully Advises Pioneers Properties for Urban Development on EGP 627.5 Million Securitized Bond Offering

EFG Hermes’ investment banking division, the leading investment banking franchise in Frontier Emerging Markets (FEM), announced today the close of the first bond issuance, worth EGP 627.5 million, for Pioneers Properties for Urban Development’s affiliates EGP 3.0 billion securitization program.

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30 DECEMBER 2021

EFG Hermes Successfully Concludes Advisory to the First Issuance for EFG Hermes Corp-Solutions in an EGP 790 Million Securitization Bond Offering

EFG Hermes’ investment banking division, the leading investment banking franchise in Frontier Emerging Markets (FEM), and EFG Hermes Holding’s wholly-owned subsidiary, EFG Hermes Corp-Solutions, announced today the successful conclusion of the latter’s issuance of a securitization bond worth EGP 790 million. 

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26 DECEMBER 2021

EFG Hermes Signs EGP 750 Million Sale and Leaseback Agreement with Madinet Nasr for Housing and Development

EFG Hermes, Egypt’s First Universal Bank and the leading investment banking franchise in Frontier Emerging Markets (FEM), announced today that it has successfully signed a sale and leaseback agreement amounting to EGP 750 million with real estate development firm Madinet Nasr for Housing and Development (MNHD).

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20 DECEMBER 2021

EFG Hermes Advises TPG’s Evercare Group on the Sale of its 50% Stake in Islamabad Diagnostic Centre to Integrated Diagnostics Holding for USD 72.4m

EFG Hermes’ investment banking division, the leading investment banking franchise in Frontier Emerging Markets (FEM), announced today that it has successfully advised TPG’s Evercare Group on the sale of its 50% Stake in Islamabad Diagnostic Centre (IDC) to Integrated Diagnostics Holding (IDH) for a total consideration of USD 72.35 million. 

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