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EFG Hermes tops brokerage league for August
EFG Hermes topped the EGX’s brokerage league table for August with a market share of 47.9%, according to figures released…
investment banking
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EFG receives EGP 450 mn subscription requests for “Mazid” fund
Our friends at EFG Hermes have received EGP 450 mn-worth of subscription applications for investment certificates issued by the “Mazid”…
Banque Misr awarded investment banking license
The Financial Regulatory Authority (FRA) awarded Banque Misr an investment banking license, FRA Chairman Mohamed Omran told Middle East News…
Egypt’s FRA gives financial advisors six more months to comply with 2018 regulations
REGULATION WATCH- Egypt’s FRA gives financial advisors six more months to comply with 2018 regs: The Financial Regulatory Authority (FRA)…
Pharos was exclusive sell-side advisor to Spinney’s in Investec acquisition
Pharos Investment Banking served as exclusive sell-side advisor to Spinney’s in the sale of a controlling stake in the supermarket…
Omar Gaafar named VP for investment banking at Renaissance Capital
MOVES- Omar Gaafar named VP investment banking at RenCap: Renaissance Capital named Omar Gaafar (LinkedIn) as vice president of investment…
Ahly Capital taps former Amwal AlKhaleej top Egypt exec as its new CEO
MOVES- Karim Saada, former Amwal AlKhaleej executive vice president and Egypt country head, has joined Ahly Capital as CEO, sources…
South Africa’s Absa mulls expansion into Egypt
South African lender Absa is eyeing Egypt as a market for expansion in the future, Reuters reports. The recently-separated bank…
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