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EFG, GEMS JV acquires majority stake in Egypt’s Option Travel
M&A WATCH- EFG, GEMS JV acquires majority stake in Egypt’s Option Travel: GEMS Egypt for Education Services, a joint fund…
EFG’s ValU to expand to four cities in 2020, add Arabic to its mobile app
EFG Hermes’ installment payment solutions app ValU is planning to gradually expand to Alexandria, Mansoura, Tanta, and Hurgada in 2020,…
EFG planning EGP 1 bn sukuk issuance for Egypt’s TMG
DEBT WATCH- EFG Hermes planning EGP 1 bn sukuk issuance for TMG? EFG Hermes will reportedly be leading a sukuk…
EFG, GB NBFS arms team up to acquire majority stake in Tokio Marine Egypt Family Takaful
M&A WATCH- EFG Hermes, GB Auto jointly acquire majority stake in Tokio Marine Egypt: A consortium of EFG Hermes and…
Egypt’s EFG subsidiary is first to issue short-term debt under new FRA framework
DEBT WATCH- EFG Hermes subsidiary to end decade-long dry spell for corporate bond issuances: EFG Hermes subsidiary Hermes Securities Brokerage…
Egypt’s private sector activity expected to recover in 2020 amid “favorable” economic environment -EFG
Egypt’s private sector activity expected to recover in 2020 amid “favorable” economic environment -EFG: As Egypt’s economy enters 2020 with…
EFG’s new mortgage financing arm Bedaya eyes EGP 500 mn of sales in 2020
EFG’s new mortgage financing arm Bedaya is eyeing EGP 500 mn in sales next year, EFG Finance CEO Walid Hassouna…
World Youth Forum, Egypt’s currency rallying on last night’s talk shows
The World Youth Forum continued to be the talking heads’ primary focus on its penultimate day, while the EGP breaking…
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