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valU to enter Saudi Arabia in 1H2022
EFG Hermes’ consumer finance platform valU will set foot in Saudi Arabia before the end of 1H2022, marking its first…
EFG Hermes’ private equity units eye fresh investments + acquisitions
EFG Hermes-led Vortex Energy, RX Healthcare, and Education Fund eyeing fresh investments + acquisitions: EFG Hermes’ Egypt Education Fund, and…
THIS EVENING: Is ADQ acquiring stakes in Abu Qir Fertilizers, Mopco, and Alexandria Container & Cargo Handling? + Banque Misr purchases 8.85% stake in Fawry
It’s another busy news day on all fronts as we sprint to the weekly finish line, ladies and gentlemen, with…
EFG Hermes signs EGP 600 mn sale and leaseback agreement with LMD
EFG Hermes Corp-Solutions has signed a EGP 600 mn sale and leaseback agreement with real estate developer LMD to finance…
Misr Italia eyes EGP 700 mn securitized bond sale in 4Q 2022
Misr Italia Properties is looking to issue securitized bonds worth EGP 700 mn during 4Q2022, Al Shorouk quoted CEO and…
EBRD, Green Growth and Sanad funds all have money for Egypt + more competition in consumer finance
The European Bank for Reconstruction and Development (EBRD) has put pen to paper on its financing of the Alexandria metro…
EFG Hermes again tops EGX brokerage league table
EFG Hermes topped the EGX’s brokerage league table once again in February, with a market share of 25.1%, according to…
THIS EVENING: Careem to invest in Elmenus + Talks between Russian and Ukrainian officials are currently underway
Good afternoon, wonderful people. We have another issue stacked with updates from Ukraine today, as well as a few pieces…
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