EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa, announced it has acted as the Sole M&A Financial Advisor on a landmark $190m minority stake ...

The Kenyan currency’s weakening streak is likely to extend to the end of year, pushing the shilling to about 150 against the dollar, according to EFG Hermes Research.

EFG Hermes sees Gulf IPO frenzy from private sector in 2024 By Federico Maccioni and Hadeel Al Sayegh March 4, 20244:30 AM PSTUpdated March 4, 2024 ...

EFG Hermes, Egypt's biggest investment bank, will use internal resources to buy new AIB shares worth 2.55 billion Egyptian pounds ($163 million), Awad said.

Since the beginning of 2025, EFG Hermes has advised on five M&A transactions and six equity capital market (ECM) agreements ...

EFG Hermes is proud to have assembled an investment portfolio that includes initiatives that directly feed into the UN Sustainable Development Goals in areas ranging from education, healthcare and ...

Others have previously targeted stakes in EFG and failed. In 2014, Egypt's Beltone Financial and billionaire Naguib Sawiris bid for 20% of EFG, offering 16 pounds a share, or $2.24 at the time ...

EFG-Hermes’s private equity arm sold the stake in Vortex III, a photovoltaic portfolio with 365 megawatts of capacity, to TNB International, a subsidiary of Tenaga Nasional Bhd., the Egyptian ...

EFG has a brokerage license in Lebanon which it hasn't used but it is interested in re-activating it, the Cairo-based company said in its second quarter earnings statement Sunday. In January, EFG sold ...

First Abu Dhabi Bank has made an offer to buy a controlling stake in Egypt's biggest investment bank EFG Hermes that values the North African lender at $1.1 billion, a regulatory statement said.

CAIRO--Investment bank EFG Hermes said Monday it sold its entire stake in Lebanon's Bank Audi for $913.4 million. The Cairo-based firm said it sold its 7.5 million ...