EFG-Hermes
Sources: Ministry of Awqaf to sell shares in other companies
Egypt
December 31, 2017
Sources: Ministry of Awqaf to sell shares in other companies
The Ministry of Awqaf [Endowment] has listed Al-Awqaf Authority’s assets and funds with the aim to re-use them and maximize…
Egypt bourse caps firms raising cash abroad to deepen home market
Business
August 5, 2016
Egypt bourse caps firms raising cash abroad to deepen home market
Egypt's stock exchange is changing its rules on global depositary receipts (GDRs) to encourage companies to increase their "free float"…
EFG-Hermes to more than double renewable energy investments it manages
Business
May 5, 2016
EFG-Hermes to more than double renewable energy investments it manages
Egypt's EFG-Hermes is planning to increase the investments it manages in renewable energy to 1.5-2 billion euros in the next…
Egypt’s EFG-Hermes Leasing seeks Islamic credit line from Gulf lender
Business
December 3, 2015
Egypt’s EFG-Hermes Leasing seeks Islamic credit line from Gulf lender
EFG-Hermes Leasing, a wholly owned subsidiary of investment bank EFG-Hermes, is working on securing a sharia-compliant credit line from a…
EFG-Hermes: Egyptian Pound move likely to encourage portfolio flows
Business
January 29, 2015
EFG-Hermes: Egyptian Pound move likely to encourage portfolio flows
Following the shift in monetary policy, the Egyptian Pound is now more likely to encourage portfolio flows as the move…
EFG Hermes: Early signs for recovery of Egyptian economy confirmed
Business
November 27, 2014
EFG Hermes: Early signs for recovery of Egyptian economy confirmed
EFG Hermes, one of the Middle East's largest investment banks, confirmed early signs for the recovery of the Egyptian economy…
EFG-Hermes: Low oil prices to boost disinflation, subsidy reforms in Egypt
Business
November 25, 2014
EFG-Hermes: Low oil prices to boost disinflation, subsidy reforms in Egypt
EFG-Hermes expects a new era of depressed oil prices and a stuctural shift in global supply and demand balances, according…
EFG Hermes expects lower oil prices as positive news for Egypt
Business
October 29, 2014
EFG Hermes expects lower oil prices as positive news for Egypt
EFG-Hermes expected lower oil prices as clearly positive news for oil-importing MENA.
Suez Canal certificates push up Hermes expectations for Egypt’s budget deficit to 11.3%
Business
September 23, 2014
Suez Canal certificates push up Hermes expectations for Egypt’s budget deficit to 11.3%
EFG Hermes revises its budget fiscal deficit forecast to 11.3 percent of the country's GDP (compared to the previous 10.9…
Hermes: Egypt Central Bank Likely to Remain on Hold Interest Rate
Business
February 26, 2014
Hermes: Egypt Central Bank Likely to Remain on Hold Interest Rate
Hermes said in a report on Tuesday Egypt’s Urban consumer price headline inflation decelerated to 11.4 percent Yo-Y in January…