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).
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced today that it successfully closed valU’s first securitization issuance worth EGP 322.550 million as part of a wider EGP 2 billion securitization program approved by the FRA on 25 July 2021.
Following the success of the last three iterations of the conference, EFG Hermes’ 4th Virtual Investor Conference will provide insights into compelling investment opportunities across FEMs
This recognition serves as testament to the strides valU has made in the past few years in growing its business to become the leading BNPL in the region
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), successfully concluded advisory on the follow-on sale of c. 73.9 million (c. 4.3%) shares of Fawry for Banking Technology and Electronic Payments SAE (FWRY.CA) on the Egyptian Stock Exchange (EGX), in a c. USD 80.0 million transaction. The Firm acted as sole financial advisor as well as joint bookrunner, on behalf of the selling shareholders; the Egyptian American Enterprise Fund; Link HoldCo BV (Helios); responsAbility; and Black Sparrow (MENA LTV).
EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), reported today its second quarter results for 2021. EFG Hermes’ revenues grew by 20% Y-o-Y to EGP 1.6 billion in 2Q21, driven by an outstanding performance from the Investment Bank and the NBFIs platform, delivering a solid 66% Y-o-Y increase in revenues from fees and commissions to EGP 1.1 billion in 2Q21.
We use cookies to collect information about how you use our website. And we use the information derived from such cookies to ensure the functionality of our website and to enhance our services.
