EFG Hermes Holding S.A.E. and the Sovereign Fund of Egypt are pleased to announce that they have received the approval of the Central Bank of Egypt to conduct due diligence on the Arab Investment Bank.
Leveraging its strong digital infrastructure, global client network and presence in key markets, the EFG Hermes Virtual Investor Conference will connect the leaders of 72 companies from 14 countries with 480 institutional investors representing 160 institutions managing assets in excess of USD 15 trillion
EFG Hermes, the leading financial services corporation in frontier emerging markets (FEM), announced today that it has successfully completed advisory on a joint venture agreement signed between LSE-listed UAE healthcare leader NMC Healthcare plc and Hassana Investment Company, the investment arm of Saudi-based General Organization for Social Insurance (“GOSI”).
The partnership will give EFG Hermes’ clients access to best-in-class execution in live market hours, deep local market knowledge through award-winning research and enhanced corporate access to the Vietnamese market.
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced today that it has successfully concluded an EGP 2 bn Sukuk issuance, the first in the history of Egypt – to the Arab Company for Projects and Urban Development.
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced today that its investment banking team has successfully completed advisory on Dr. Sulaiman Al Habib Group’s SAR 2.63 billion (USD 700 million) IPO on Tadawul, with EFG Hermes acting as joint bookrunner on the deal.
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), reported today its financial and operational results for the year ended 31 December 2019. The Group closed the year with a net profit after tax and minority interest of EGP 1.4 billion in FY19, up 36% Y-o-Y, on the back of a 20% Y-o-Y expansion in revenues to EGP 4.8 billion.
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), has announced the successful completion of its advisory services to Pakistan’s United Bank Limited (UBL) on the sale of the assets and liabilities of its Tanzanian subsidiary, UBL Tanzania (UBLT) to Exim Bank Tanzania Limited.
GEMS Egypt for Education Services, a JV between GEMS Education and Egypt Education Fund managed by EFG Hermes Private Equity, announced today that it has successfully completed the acquisition of a majority stake in Egypt’s leading transportation provider, Option Travel
EFG Hermes (through its NBFI arm EFG Hermes Finance Holding) and GB Auto (through its NBFI arm GB Capital) announced today their entry into a definitive sale and purchase agreement (SPA) to acquire a 75% stake in life insurance player Tokio Marine Egypt Family Takaful in a deal worth EGP 84.75 million. Under the agreement, which is subject to regulatory approval, EFG Hermes Finance and GB Capital will each own 37.5% of the company.
We use cookies to collect information about how you use our website. And we use the information derived from such cookies to ensure the functionality of our website and to enhance our services.
