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valU eyes regional expansion, M&A could be in the cards here in Egypt
EFG Hermes’ consumer finance platform valU is planning to expand into Saudi Arabia and North Africa as early as next…
TONIGHT: Happy Thanksgiving, y’all. Fresh energy projects for the private sector from EMGF? Plus: valU eyes cross-border expansion.
Mabrouk, friends — we’ve made it through the workweek. We can’t believe it’s already Thanksgiving today, which means we’re starting…
EFG, SFE finalize acquisition of Arab Investment Bank
EFG Hermes is now officially a universal bank: Our friends at EFG Hermes finalized on Thursday their acquisition of a…
TONIGHT: EFG Hermes is officially a universal bank + Charles and Camilla meet El Sisi + it hasn’t been a great day for EM equities
Good afternoon, wonderful people — and mabrouk for making it through a bear of a week. THE BIG STORY TODAY-…
Earnings Watch: EFG Hermes, Orascom Construction report 3Q2021 results
EFG Hermes’ net income dropped 16% y-o-y to EGP 356 mn in 3Q2021, according to its quarterly earning release (pdf).…
TONIGHT: Tanmeyah is now wholly owned by EFG + unemployment inches up in 3Q2021
It’s an energy-focused hump day, ladies and gentlemen, with a flurry of energy news coming out of various global oil,…
NTRA slaps telcos with fines for poor quality
NTRA slaps telecom companies with EGP 25 mn in fines for subpar quality: The National Telecommunications Regulatory Authority (NTRA) has…
EFG Hermes tops the EGX brokerage league — again
EFG Hermes topped the EGX’s brokerage league table once again in October, with a market share of 18.9%, according to…
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