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EFG back to the top of the EGX brokerage league table in May
EFG Hermes returned to the summit of the EGX’s brokerage league table in May with a market share of 19.2%,…
EFG is working on two IPOs in Saudi Arabia
Our friends at EFG Hermes are working on two IPOs in Saudi Arabia, Mostafa Gad, co-head of EFG’s investment banking…
Earnings: EFG Hermes, Contact Financial, Elsewedy Electric report strong 1Q 2022 results
EFG Hermes’ net income rose 18% y-o-y to EGP 345 mn in 1Q 2022, the bank said in its earning…
Egypt Education Platform enters pre-K sector with acquisition of two preschools
Education management firm Egypt Education Platform (EEP) will acquire a majority stake in Montessori preschool chains Trillium and Petals, it…
PIF eyes United Bank amid state privatization push
The Saudi sovereign wealth fund is considering making a bid to acquire United Bank, Hapi Journal reported yesterday, citing sources…
Amazon has five years to swap EFG GDRs for valU shares
Amazon has five years to swap EFG GDRs for valU shares: EFG Hermes has given Amazon a five-year window to…
E-commerce startup Teegara raises undisclosed bridge round
E-commerce startup Teegara has successfully closed a five-figure USD bridge round led by Alexandria Angels Network, with participation from new…
MSCI adds EFG Hermes to global standard index, e-Finance enters small-cap index
MSCI tweaks Egyptian firms included in its global indices: EFG Hermes has been added to MSCI’s standard equities index from…
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