EFG Hermes

July 1, 2022

Abu Dhabi Ports acquires 70% of two Egyptian companies at $140 mln

Abu Dhabi Ports Group announced that it reached an agreement to acquire 70 percent of the shares of the International…

January 1, 2019

EFG Hermes, one of the largest investment banks in the Middle East and Africa, has ruled out any significant change…

September 6, 2018

Egypt will launch its programme for offering shares in state companies by offering a 4.5 percent stake in its top…

December 26, 2017

Egyptian investment bank EFG Hermes expects to begin offering factoring services in the first quarter of 2018 as part of…

May 8, 2017

Egypt's Parliament on Sunday passed a long-delayed investment law to streamline doing business in Egypt and to create incentives it…

January 24, 2017

EFG Hermes investment bank is expecting improvement in the Egyptian pound exchange rate by the end of the current year…

October 13, 2016

Egypt's stock market jumped in early trade on Thursday after news that the central bank had last month received a…

October 3, 2016

Egypt's stock market rose sharply in early trade on Monday on hopes that an international financing package for the country…

August 11, 2016

Egypt's EFG-Hermes, the country's largest investment bank, said on Thursday it made a net loss of LE67.55 million ($7.61 million)…

June 17, 2016

Egypt's EFG Hermes said on Thursday that its renewable energy platform, Vortex, had bought a 49 percent stake in an…