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EFG’s valU, Al Futtaim to provide no-interest payments to Egypt’s shoppers
EFG Hermes’ fintech arm valU has signed an agreement with Al Futtaim Group to offer six-month no-interest installment plans to…
EGX to purchase 30% of commodities exchange management company
EGX to claim 30% ownership of commodities exchange; who will own the futures exchange still to be determined: The EGX…
Earnings Watch- EFG Hermes saw 8% y-o-y net profit growth in 2Q2020
EARNINGS WATCH- EFG Hermes saw 8% y-o-y net profit growth in 2Q2020: EFG Hermes saw net profits grow to EGP…
EFG’s ValU is in talks with Egyptian banks for EGP 250 mn credit facility
EFG Hermes’ e-finance platform ValU is currently in talks with several unnamed banks for a new EGP 250 mn credit…
GEMS and ValU sign tuition facilitation partnership — tuition payment in the time of covid-19
Tuition payment in the time of covid-19: School operator GEMS is expected to announce today an agreement with ValU —…
EFG Hermes appoints Mohamed Gabr to head legal team
MOVES- EFG Hermes has appointed high profile corporate lawyer Mohamed Gabr (Linkedin) as general counsel and to provide strategic advice…
Rx Healthcare invests EGP 100 mn in United Pharma
EFG Hermes’ Rx Healthcare Management has invested EGP 100 mn in meds producer United Pharma to finance expansion plans that…
EFG Hermes tops brokerage league table in July
EFG Hermes topped the EGX’s brokerage league table in July with a market share of 23.3%, according to EGX figures…
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