{"id":661866,"date":"2025-03-06T00:00:00","date_gmt":"2025-03-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/06\/palm-hills-nbe-infinity-power-bring-home-the-silverware-global-banking-and-markets-africa-awards\/"},"modified":"2025-03-06T00:00:00","modified_gmt":"2025-03-06T00:00:00","slug":"palm-hills-nbe-infinity-power-bring-home-the-silverware-global-banking-and-markets-africa-awards","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/06\/palm-hills-nbe-infinity-power-bring-home-the-silverware-global-banking-and-markets-africa-awards\/","title":{"rendered":"Palm Hills, NBE, Infinity Power bring home the silverware Global Banking and Markets\u2019 Africa Awards"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1-<\/strong> <strong>NBE, <\/strong><strong>Palm Hills Development, and Infinity Power have made it into the 2025 <\/strong><strong><a target=\"_blank\" href=\"https:\/\/globalbankingmarkets.com\/events\/africaawards\" style=\"\" rel=\"noopener\">Global Banking and Markets\u2019 Africa<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/globalbankingmarkets.com\/events\/africaawards\" style=\"\" rel=\"noopener\">Awards<\/a><\/strong><strong>. <\/strong>Palm Hills\u2019 EGP 10.3 bn long-term syndicated financing facility for its <a target=\"_blank\" href=\"https:\/\/www.palmhillsdevelopments.com\/en-us\/getInTouch\/4bd4b6de-35e4-42bc-a2e0-e0b13be506ad\/mega_residential_projects?utm_source=Google&utm_medium=PPC&utm_campaign=Badya_always_on_2023_EG_EN_branded&campaignid=campaignid&adgroupid=adgroupid&keyword=keyword&keyword=badya&device=device&device=c&campaignname=%7Bcampaignname%7D&adgroupname=%7Badgroupname%7D&gad_source=1&gclid=CjwKCAiAw5W-BhAhEiwApv4goD9ENHDkSLXyI1Mg6xFVbzjn-swTqiHFUfExkpPLgC499BDG43acPRoC6CcQAvD_BwE\" style=\"\" rel=\"noopener\">Badya<\/a> project was picked for the North Africa Deal of the Year, while the National Bank of Egypt (NBE) was named the North Africa Investment Bank of the Year. Infinity Power\u2019s acquisition of Africa-focused wind power platform Lekela Power was named the M&A Transaction of the Year. The awards aim to recognize the most innovative and ground-breaking transactions from sovereign, corporate, and financial institution issuers and borrowers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Our friends at EFG Holding obtained the ISO 20000 certification<\/strong>, a globally recognized accreditation that offers \u201ca comprehensive, technical, and financial framework for managing IT services throughout their lifecycle,\u201d it said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/210.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The certificate underscores the bank\u2019s \u201cdedication to excellence\u201d and \u201ccommitment to continuously improving the services\u201d they deliver, the group\u2019s CIO Mohamed Sayed Fathy said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Tamweely e<\/strong><strong>arns dual international<\/strong><strong> certifications for financial compliance: <\/strong>Local microfinance provider Tamweely secured both AML 30000 and MSI 20000 international certifications, related to financial crime and financial governance, respectively, according to a company <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/436.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS- Our friends at EFG Holding received the IT industry\u2019s gold standard ISO 20000 certification<\/p>\n","protected":false},"author":1,"featured_media":661867,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7230],"tags":[7107,72,9152,249,248,354],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-661866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kudos","tag-efg-holding","tag-enterpriseam","tag-infinity-power-2","tag-kudos","tag-national-bank-of-egypt","tag-palm-hills-developments","wpautop","entry"],"acf":{"mongo_id":"6c1a14f0-70c5-49b7-83c6-55ed69065a11","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/490.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Palm Hills, NBE, Infinity Power bring home the silverware Global Banking and Markets\u2019 Africa Awards","related_issue":[661851],"teaser":"PLUS- Our friends at EFG Holding received the IT industry\u2019s gold standard ISO 20000 certification","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.04eef9cc-dac0-4abc-ad5f-af33ce917db9.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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E-payments giant Fawry has been moved from the standard index to the small-cap index, and is joined by state-owned fintech player E-finance,\u2026","rel":"","context":"In &quot;Capital markets&quot;","block_context":{"text":"Capital markets","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":564239,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/18\/earnings-watch-efg-hermes-palm-hills\/","url_meta":{"origin":661866,"position":1},"title":"Earnings Watch: EFG Hermes, Palm Hills","author":"enterpriseam admin","date":"18 August 2021","format":false,"excerpt":"EARNINGS WATCH - EFG Hermes\u2019 net income rose 24% in 2Q2021, driven by growth in its non-bank lending subsidiaries and a solid performance in its investment banking arm, according to the firm\u2019s earnings release (pdf). The financial services corporation reported earnings of EGP 406 mn during the three-month period, up\u2026","rel":"","context":"In &quot;SPEED ROUND: EARNINGS WATCH&quot;","block_context":{"text":"SPEED ROUND: EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/473.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":581654,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/palm-hills-closes-egp-638-mn-securitization\/","url_meta":{"origin":661866,"position":2},"title":"Palm Hills closes EGP 638 mn securitization","author":"enterpriseam admin","date":"19 February 2023","format":false,"excerpt":"Palm Hills Developments (PHD) has closed an EGP 638 mn securitized bond issuance, according to a joint statement (pdf) from Palm Hills and EFG Hermes, the sole financial advisor on the sale. About the issuance: The issuance\u2019s three tranches have tenors of 13, 36, and 84 months and ratings ranging\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/house-row-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557678,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/28\/palm-hills-to-borrow-egp-2-5-bn-for-new-cairo-project\/","url_meta":{"origin":661866,"position":3},"title":"Palm Hills to borrow EGP 2.5 bn for New Cairo project","author":"enterpriseam admin","date":"28 September 2021","format":false,"excerpt":"A Palm Hills Development (PHD) subsidiary will borrow EGP 2.5 bn from Banque Misr and the National Bank of Egypt after signing a long-term financing agreement with the banks, NBE said in a statement (pdf) yesterday. Palm Investment and Real Estate Development will use the money to finance the company\u2019s\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/379.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548711,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/18\/earnings-watch-efg-hermes-palm-hills-swvl\/","url_meta":{"origin":661866,"position":4},"title":"Earnings Watch: EFG Hermes, Palm Hills, Swvl","author":"enterpriseam admin","date":"18 August 2022","format":false,"excerpt":"EFG Hermes\u2019 net income after tax and minority interest eased 15% y-o-y to EGP 344 mn in 2Q 2022 on higher taxes and minority interest after the consolidation of aiBank, according to its earnings release (pdf).The group\u2019s operating revenues rose 28% y-o-y to EGP 2.1 bn during the quarter, boosted\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/320.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594845,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/palm-hills-to-issue-egp-300-mn-of-securitization-bonds\/","url_meta":{"origin":661866,"position":5},"title":"Palm Hills to issue EGP 300 mn of securitization bonds","author":"enterpriseam admin","date":"9 September 2019","format":false,"excerpt":"Palm Hills is planning to issue around EGP 300 mn of securitization bonds to pay off part of its debts owed to banks, unnamed banking sources tell Al Shorouk. Banque Misr and the Arab African International Bank will manage the issuance.","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/661866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=661866"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/661866\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/661851"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/661867"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=661866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=661866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=661866"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=661866"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=661866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}