{"id":622597,"date":"2018-10-08T04:03:43","date_gmt":"2018-10-08T04:03:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/08\/the-renaissance-of-egyptian-investment-banking\/"},"modified":"2018-10-08T04:03:43","modified_gmt":"2018-10-08T04:03:43","slug":"the-renaissance-of-egyptian-investment-banking","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/08\/the-renaissance-of-egyptian-investment-banking\/","title":{"rendered":"The renaissance of Egyptian investment banking"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> ** #5 <strong>Euromoney pens love letter to Egyptian investment banks: <\/strong>After singing the praises of EFG Hermes, which has led the Egyptian industry\u2019s push into both non-bank financial services and regional markets, Euromoney notes in its mash letter that \u201cBeyond <strong>EFG Hermes<\/strong>, long the unrivalled leader of Egyptian investment banking, firms such as <strong>CI Capital<\/strong> and <strong>Pharos Holding<\/strong> are demonstrating that they, too, have ambition. Such is the sector\u2019s appeal that Naguib Sawiris, the founder of telecom firm Orascom and one of Egypt\u2019s richest men, has entered investment banking, buying <strong>Beltone Financial<\/strong> in 2015 and investing heavily in its growth in Egypt and globally.\u201d The epically long piece gets plenty right and serves as a good overview of the industry to those who have not previously been indoctrinated into the Priesthood of the Grand Wizards of High Finance. Read: <a href=\"https:\/\/www.euromoney.com\/article\/b1b704qq3fndhc\/the-renaissance-of-egyptian-investment-banking\"><strong>The renaissance of Egyptian investment banking<\/strong><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>** #5 Euromoney pens love letter to Egyptian investment banks: After singing the praises of EFG Hermes, which has led the Egyptian industry\u2019s push into both non-bank financial services and regional markets, Euromoney notes in its mash letter that \u201cBeyond EFG Hermes, long the unrivalled leader of Egyptian investment banking, firms such as CI Capital [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622597","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"d82fc995-f02c-4304-98f2-4fb7d37594ff","order":"0","is_powered_by":true,"section_story_id":"09f5baf2-4198-484f-9678-0411ff08886c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[622584],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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HSBC was named best bank for environmental, social and governance (ESG) standards in Egypt and received the awards for the Middle East\u2019s best investment bank and best bank for sustainable finance for\u2026","rel":"","context":"In &quot;Kudos&quot;","block_context":{"text":"Kudos","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/kudos\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636132,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/21\/efg-hermes-advised-eagle-on-egyptian-media-group-acquisition\/","url_meta":{"origin":622597,"position":1},"title":"EFG Hermes advised Eagle on Egyptian Media Group acquisition","author":"enterpriseam admin","date":"21 December 2017","format":false,"excerpt":"We got in touch with our friends at EFG Hermes yesterday who confirmed to us that EFG Hermes Investment Banking acted as the sole buy-side advisor to Eagle Capital in their acquisition of Egyptian Media Group. 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Sharkawy and Sarhan Law Firm will be the legal advisers to Friesland,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/7\/efg-hermes-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576396,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/23\/efg-hermes-sfe-to-complete-due-diligence-on-aib-in-february-sources\/","url_meta":{"origin":622597,"position":3},"title":"EFG Hermes, SFE to complete due diligence on AIB in February -sources","author":"enterpriseam admin","date":"23 November 2020","format":false,"excerpt":"M&A WATCH- EFG Hermes and the Sovereign Fund of Egypt (SFE) will complete due diligence on the Arab Investment Bank (AIB) by February 2021 ahead of a potential acquisition of a 76% stake in the state-owned bank, Masrawy reports, citing unnamed banking sources familiar with the matter. 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