valU, MENA’s leading buy-now pay-later (BNPL) fintech platform, is honored to have been recognized as the Fintech Company of the Year at the first Gulf Business Tech Awards 2021 during a ceremony hosted at the Dubai World Trade Centre on the 20th of October held during Gitex Technology Week. The judging panel included industry experts from esteemed GCC organisations including Dr. Lt. Hamad Khalifa Al Nuaimi, Head of Telecommunications Division, ICT Centre, Abu Dhabi Police HQ and Dr. Jassim Haji, President, Artificial Intelligence Society, Bahrain along with the Gulf Business technology team, all of whom were present at the ceremony.
valU, Egypt’s leading Buy-Now Pay-Later (BNPL) fintech platform, is proud to announce that it was recognized as the “Fintech Company of the Year” at the Tech Innovation Awards 2021, hosted by Entrepreneur Middle East of BNC Publishing on 6th of October at the Raffles Hotel in Dubai. valU was lauded for its outstanding achievements and growth, with over 170,000 users now registered on the platform and more than 400,000 transactions in excess of EGP 2 billion conducted since inception.
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced today that its Investment Banking division successfully completed advisory to ACWA Power on its SAR 4.5 billion (USD 1.2 billion) initial public offering (IPO) on the Saudi Stock Exchange (Tadawul). EFG Hermes served as joint bookrunner and underwriter on the transaction.
EFG Hermes Corp-Solutions, among the leading leasing and factoring companies in Egypt, announced today that it signed a sale & lease back agreement with leading real estate development firm Misr Italia Properties for refinancing its state of the art property-Garden 8 Mall, amounting to EGP 750 million.
Vortex Energy, a global renewable energy platform managed by the private equity arm of EFG Hermes, has entered into a definite agreement with Ignis Energy Holdings, parent company of Spanish independent integrated renewable player Ignis Group.
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), and Microsoft announced a strategic cloud partnership aimed at accelerating the firm’s digital transformation and shaping the future of innovation in the financial services industry. The companies will strike a unique collaboration to unlock the opportunities that Microsoft’s cloud has to offer, with a specific view toward the challenges of financial services. The partnership will enable EFG Hermes to accelerate the modernization of its IT environment to enhance customer, employee and developer experience.
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced today that its Investment Banking division successfully completed advisory to Abu Dhabi National Oil Company (“ADNOC”) on the Initial Public Offering of ADNOC Drilling Company PJSC (“ADNOC Drilling”) on its c. AED 4.0 billion (USD 1.1 billion) offering on the ADX.
EFG Hermes, the leading financial services corporation in frontier emerging markets (FEM), announced today that its Research Division has been named the top frontier research house and the second-best in the MENA region for the fourth consecutive year in the Institutional Investor Poll 2021. It was also ranked 7th in the Emerging EMEA space.
EFG Hermes Corp-Solutions, the leading leasing and factoring company in Egypt, and KarmSolar, Egypt’s largest private solar utility company, signed today an agreement that will see EFG Hermes Corp-Solutions provide Arkan Mall tenants with financing services backed by their contracts with KarmSolar.
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced today that its Investment Banking division successfully concluded advisory on UAE-based Agthia Group’s acquisition of a majority stake in Egyptian processed meat producer Ismailia Investments (Atyab).
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