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aiBank returns to the black in 1Q2022
Arab Investment Bank (aiBank) bounced back from losses last year to generate a net income of EGP 140 mn in…
EFG Hermes closes the first securitization for an Egyptian mortgage firm
EFG Hermes has closed an EGP 651.2 mn securitized bond issuance on behalf of mortgage provider Bedaya, it said in…
KSA’s Alhokair family agrees to acquire 4.99% of valU
valU welcomes new minority Saudi owners: The Alhokair family looks set to acquire a 4.99% stake in EFG Hermes’ buy-now-pay-later…
EFG’s Vortex Energy invests EUR 222 mn so far in Spanish solar firm
Vortex Energy has made more than a third of its planned EUR 625 mn investment in Ignis Energia: EFG Hermes’…
THIS EVENING: EFG Hermes’ Vortex Energy investments in Spain’s Ignis Energia total EUR 222 mn + Public placement for Ghazl El Mahalla FC’s IPO to begin on Sunday
It’s a semi-news dump day type of hump day, ladies and gentlemen, with just enough going on to propel us…
EFG Hermes wraps first Kuwaiti advisory
EFG Hermes wraps up advisory on Boursa Kuwait IPO: EFG Hermes’ investment banking division acted as joint bookrunner on a…
From Cairo to Riyadh: ValU moves into Saudi in partnership with Alhokair family
valU enters Saudi Arabia: EFG Hermes’ buy-now-pay-later platform valU is set to enter Saudi Arabia by acquiring a stake in…
EFG Hermes Corp-Solutions closes EGP 500 mn bond issuance
EFG Hermes Corp-Solutions has closed an EGP 500 mn bond issuance that the company said is the first component of…
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