Reuters

Egypt's EFG Hermes says Beltone-Sawiris bid 30 pct below fair share price

CAIRO (Reuters) - EFG Hermes said on Saturday an independent financial adviser had set its fair share price at 22.93 Egyptian pounds ($3.21) whereas the price offered ...
The Africa Report

Egypt’s EFG Hermes posts loss due to tax on Credit Libanais sale

EFG Hermes completed the sale of a 44.3 percent stake worth $310 million in the Lebanese bank in June. It sold to Arab and Lebanese investors at $33 per share and has ...
Reuters

Egypt's EFG-Hermes says well-capitalised, east Africa of interest

CAIRO, June 14 (Reuters) - The chief executive officer of Egypt's EFG-Hermes, one of the Middle East's largest investment banks, said on Sunday the firm was well ...
Zawya

Egypt's EFG-Hermes Q3 net profit up 38%

CAIRO, Nov 14 (Reuters) - EFG Hermes HRHO.CA , Egypt's largest investment bank, said on Thursday its third-quarter net profit rose 38 percent from a year earlier to ...
Bloomberg L.P.

Egypt’s EFG Hermes Sells U.K. Solar Assets For More Than $600 Million

a controlling stake in a U.K. solar-energy portfolio to a Malaysian utility in a deal that values the assets at 500 million pounds ($647 million). EFG-Hermes’s ...
The Africa Report

Egypt currency devaluation creates equity-market winners, EFG Hermes says

EFG Hermes, an investment bank, asset manager, and securities brokerage which operates across the Middle East and North Africa (MENA) “substantially” increased ...
PE Hub

Egypt’s EFG-Hermes To Launch Syrian PE Fund

Shares in EFG-Hermes, Egypt’s largest listed investment bank, were trading 4.6 percent higher by 1145 GMT, while the main index .EGX30 was 1.4 percent higher. Another Egyptian investment bank, HC ...
Zawya

Egypt EFG Hermes Says Received Buy-out Offer From Planet IB Ltd

CAIRO (Zawya Dow Jones)--Casting doubts over its planned joint venture with Qatar's QInvest, Egypt's biggest bank EFG Hermes (HRHO.CI) said it received a takeover ...
Nasdaq

Egypt's EFG Hermes to acquire control of state-owned Arab Investment Bank

CAIRO, May 19 (Reuters) - EFG Hermes Holding HRHO.CA, Egypt's biggest investment bank, will acquire 51% of state-owned Arab Investment Bank (AIB), the cabinet said in ...
Bloomberg L.P.

Egypt’s EFG-Hermes Opening New York Office as Auerbach Link Ends

The new office will “better serve and grow our extensive roster of brokerage clients through our on-ground presence in eight regional markets,” EFG-Hermes Chief Executive Officer Karim Awad said in ...
Hebdo Ahram

Hermes to launch $300 million investment platform targeting basic education in Egypt with UAE GEMS

The Head of Assets Management and Investments at Egypt's biggest investment bank EFG Hermes Karim Moussa said the group is willing to investment $300 million in basic ...
Nasdaq

Egypt's EFG Hermes net profit increases by 18% in Q3 year-on-year

Egypt's EFG Hermes Holding net profit was 422 million Egyptian pounds ($27.07 million) in the third quarter of 2020, up 18% year-on-year, the investment bank said in ...