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EFG Hermes concludes advisory on Al Arafa for Investment demerger

EFG Hermes concludes advisory on Al Arafa for Investment demerger

The demerger is aimed at carving out the essence of style and industry prowess, housed within Concrete, from the array of strategic investments held by Gtex
EFG Holding posts EGP 14.7 billion in full-year revenues

EFG Holding posts EGP 14.7 billion in full-year revenues

The group’s net profit rose 47% YoY to EGP 3.2 billion in 2023, supported by the increase in profit at its brokerage division, asset management, Valu, and aiBANK
Orascom Development Egypt secures EGP 6 billion syndicated loan

Orascom Development Egypt secures EGP 6 billion syndicated loan

EFG Hermes acted as the sole financial adviser, lead manager and bookrunner on the transaction
EFG Holding posts EGP 14.7 billion in full-year revenues

EFG Holding Q2 2023 revenue soars to EGP 3.1 billion

The bank’s operating profit in the three months to June 30 reached EGP 988 million, up 46% y-o-y despite an increase in group operating expenses
EFG Holding

EFG Hermes Holding rebrands to EFG Holding

The change in the brand name of the holding company will not impact the current management structure and reporting lines
Karim Awad, EFG Hermes Holding’s Group CEO

EFG Hermes’s Q1 2023 profit jumps 157% to $28.6 million

The bank said its net profit after tax and minority reached $28.6 million (EGP 885 million) in Q1 2023
aiBank branch

EFG Hermes’ aiBank posts EGP 525.6 million FY net profit

aiBank’s outstanding business results follows its acquisition by EFG Hermes and the Sovereign Fund of Egypt
EFG Hermes Holdings

EFG Hermes launches its DMA platform on Microsoft’s Azure

The bank’s users will enjoy access to algorithmic trading, an advanced trading strategy that ensures even faster speed and efficiency
EFG Hermes and EIH agreement

Abu Dhabi’s EHI partners EFG Hermes ahead of ADX listing

EFG Hermes will act as a strategic partner during Ethmar International Holding’s private offering process
EFG Holding

EFG Hermes concludes advisory on HSB’s $8.1 million unsecured notes

The brokerage firm’s latest issuance is part of a series of back-to-back transactions EFG Hermes has concluded in the debt capital market space