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Expedition Investments’ bid for Domty gets FRA approval
The Financial Regulatory Authority (FRA) has greenlit Expedition Investments’ bid to acquire a 34% stake in cheesemaker Domty, the regulator…
EFG Hermes signs EGP 750 mn sale + leaseback agreement with Marakez
EFG Hermes’ leasing and factoring arm has signed an EGP 750 mn sale and leaseback agreement with real estate developer…
Saudi wealth fund could acquire United Bank this year, appoints advisers on transaction
Saudi Arabia’s sovereign wealth fund could purchase United Bank from the Central Bank of Egypt (CBE) before the end of…
EFG Hermes appoints new NBFI CEO
EFG Hermes’ NBFI business gets a new boss: Our old friend Aladdin ElAfifi (LinkedIn) has been appointed CEO of EFG…
EFG Hermes tops EGX brokerage table in July
EFG Hermes once again topped the EGX’s brokerage league table in July, with a market share of 16.7%, according to…
THIS MORNING: Ukrainian wheat exports could start today; “No backsliding” on global climate targets, says Shoukry
Good morning, nice people, and welcome to the month of August. It feels a bit as if the volume of…
CIRA’s maiden future flow bond issuance could close next month
It’s official: CIRA’s future flow securitization program has gotten the nod from the Financial Regulatory Authority (FRA), which has given…
valU gets Walid Hassouna’s full attention
valU has Walid Hassouna’s full attention: Walid Hassouna is leaving his position as CEO of EFG Hermes’ Non-Bank Financial Institutions…
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