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EFG Hermes Saudi appoints new CEO + Aspire Capital gets a new non-exec chair
Saud Altassan (LinkedIn) has been appointed as the CEO of EFG Hermes, Saudi, according to a press release (pdf) out…
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THIS MORNING: It’s inflation day + EU official in town to talk Mediterranean Green Hydrogen Partnership
Good morning, friends, and welcome to a blockbuster Sunday issue with exactly zero signs of the Ramadan news slowdown that…
EFG Hermes to distribute EGP 973 mn-worth of bonus shares
MARKET NEWS- EFG Hermes will increase its issued capital by over EGP 973 mn by distributing bonus shares at a…
GAFI could ban forex payments between shipping + cargo handling firms
No more USD payments on cargo handling? The Finance Ministry has directed the General Authority for Investments and Freezones to…
Contact + Nawy sign EGP 1 bn financing agreement + Med wealth funds launch a colab
Contact + Nawy sign EGP 1 bn financing agreement: Contact Financial’s real estate finance subsidiary will lend EGP 1 bn…
EFG Hermes again tops Egypt league table, NBE dominates Bloomberg syndicated loan table
EFG Hermes topped the EGX’s brokerage league table once again in March, with a market share of 23.5%, according to…
TE’s Osman gets third term after rule change, EFG Hermes appoints COO at Vortex Energy
Magued Osman has been reappointed as chairman of Telecom Egypt for a third term, according to an EGX disclosure (pdf)…
EFG Hermes’ net income up 12% in 2021
EFG Hermes’ net income rose 12% y-o-y to EGP 1.5 bn in 2021, the universal bank said in its earning…
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