EFG Hermes Asset Management will now manage two Ahli United Bank -Egypt-branded funds, bringing its total domestic fund count to 18
EFG Hermes inaugurates its Pakistan office, completing an acquisition that sees it expand for the first time outside the Middle East and North Africa under its growth strategy; Sub-Saharan Africa to follow
201% Y-o-Y increase in profits was driven by a 106% rise in revenues to EGP 825 million for the quarter on the back of a recovery in regional markets during the months of January and February.
EFG Hermes concludes advisory on USD 280 million IPO of ADES International Holding on London Stock Exchange
EFG Hermes’ Vortex platform completes acquisition of TerraForm’s 365 MW UK solar portfolio
Company will have a market capitalization of EGP 1,650 million at the opening ceremony this morning at the EGX. Transaction is EFG Hermes’ fourth equity capital market transaction and second IPO to-date in 2017
ABANA and EFG Hermes will host H.E. Dr. Sahar Nasr, Minister of Investment and International Cooperation for the Republic of Egypt, for an Institutional Investor Roundtable on Monday, April 24, 2017 in New York City.
Sale of 10% of Kuwait’s Humansoft Holding Company is the second GCC equity capital market transaction for EFG Hermes in under a month and comes as the firm closed an accelerated bookbuild offering of 7.5% of Egypt’s largest snack food company, Edita Food Industries
Group net profits rise 690% year-on-year; balance sheet management and improving business environment spur a 279% increase in revenues to EGP 4 billion for the year
EFG Hermes, the leading financial services corporation in the Middle East and North Africa, successfully concluded today its advisory on ENBD REIT’s USD 105 million initial public offering on Nasdaq Dubai. The transaction comprised an offering of ordinary shares outside the United States of America (the “U.S.”) to institutional investors to whom an offer can be made in reliance on Regulation S under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”).
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