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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…
EFG closes sale of 7% stake in Egypt’s Fawry for USD 50 mn
INVESTMENT WATCH- EFG closes USD 50 mn sale of c.7% stake in Fawry: EFG Hermes closed last week the sale…
Shareholders look to sell c. 7% stake in Fawry
Shareholders look to sell 7% stake in Fawry: A group of shareholders are looking to sell a combined stake of…
FRA approves NUCA’s EGP 10 bn securitized bond issuance
DEBT WATCH- FRA green-lights NUCA bond offering: The Financial Regulatory Authority (FRA) has approved the New Urban Communities Authority’s EGP…
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