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ADQ still wants Amoun Pharma
ADQ moves forward with EGP 10 bn bid for Amoun Pharma: A subsidiary of Abu Dhabi’s sovereign wealth fund ADQ…
SFE, GEMS collaborate on Sixth of October schools
The Sovereign Fund of Egypt (SFE) and GEMS Egypt will establish at least two schools in Sixth of October City’s…
EFG Hermes’ Awad on forays into merchant banking, foreign expansion of NBFS arm, and what’s next for the debt market. — part 2 of 2
Part two of our exclusive with EFG Hermes Group CEO Karim Awad continues this afternoon with a look at what’s…
EFG Hermes’ Awad on the AIB acquisition, taking his franchise outside Egypt, and what will bring foreign investors back to the market — part 1 of 2
Few transactions have been as closely followed in Egypt’s banking and finance industries as has EFG Hermes’ acquisition of a…
Sovereign Wealth Funds doubled their investments last year with a focus on domestic economic support
With an eye on local development, sovereign wealth funds nearly doubled their investments in 2020: Sovereign wealth funds’ direct investments…
To universal bankhood, and beyond
EFG and the SFE have inked agreements to buy a supermajority stake in AIB in a transaction worth some EGP…
EFG Hermes set to transform into universal bank as SFE proves it’s serious about public-private partnership
EFG + SFE’s acquisition of AIB gets Cabinet nod: EFG Hermes and the Sovereign Fund of Egypt’s (SFE) acquisition of…
Big plans for railway manufacturing in the SCZone
Four foreign companies have bid to partner on a facility that will produce rail cars in the Suez Canal Economic…
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