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valU acquires PayNas
EFG Hermes’ consumer finance arm valU has acquired 100% of digital HR and payroll platform Paynas, valU said in a…
Earnings Watch: EFG Hermes, Palm Hills, Swvl
EFG Hermes’ net income after tax and minority interest eased 15% y-o-y to EGP 344 mn in 2Q 2022 on…
valU closes its second securitized bond issuance
valU just closed its second securitized bond issuance in less than a year: EFG Hermes’ consumer finance arm valU has…
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…
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