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EFG Hermes to acquire 76pc stake in TanmeyahEFG Hermes, a leading investment bank in the Arab world, has signed a binding deal to acquire 76.7 per cent of Tanmeyah Microenterprise Services, a provider of comprehensive microfinance solutions to business owners across Egypt. More… |
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EFG Hermes named top investment bank in MEEFG Hermes, a leading investment bank in the Arab world, has named the top investment bank in the Middle East, as ranked by fees generated from equity capital market transactions, according to a report. The ind More… |
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EFG Private Bank appoints managing directorEFG Private Bank, the UK business of EFG International, has appointed Dmitri Rozanov as its managing director for its private banking and member of the management committee, responsible for the CEE team. More… |
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EFG-Hermes plans Saudi Islamic fund as market opens upThe Saudi unit of Egypt's EFG-Hermes plans a fund to invest in listed Saudi Arabian sharia-compliant shares and initial public offers, hoping to benefit from the regulator's drive to increase institutional investment in the bourse. More… |
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EFG Hermes posts $70m profit on bank expansionEgypt's EFG Hermes turned a profit after tax and minority interests of EGP538 million ($70.51 million) last year after a net loss of EGP540 million the year before, helped by strong growth in its regional investment banking operations, the b More… |
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DI unit commissions new glass production facilityUAE-based Emirates Float Glass (EFG) has successfully commissioned a new facility aimed at enhancing its production capabilities to cater to the automotive glass sector. A subsidiary of Dubai Investments, EFG is a major integrated More… |
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EFG Hermes appoints independent financial advisorEFG Hermes, a leading investment bank in the Arab world, has appointed HC Securities and Investment as the independent financial advisor (IFA) to opine on the fair value of the stock and the fairness of the offer. More… |
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EFG honoured for non-oil exports in 2013Emirates Float Glass (EFG), part of Glass LLC, has received an appreciation award from the Department of Economic Development (DED – Abu Dhabi for its contribution in improving the non-oil exports from Abu Dhabi during 2013. More… |
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EFG Hermes names group co-chiefEFG Hermes, a leading investment bank in the Mena region, has appointed Karim Awad as its group co-CEO with immediate effect. Awad was previously the CEO of the Investment Bank at EFG Hermes and was earlier head of Investmen More… |
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Burgan Bank expands brand across TurkeyKuwait’s Burgan Bank Group has extended its regional brand platform to Turkey following its recent acquisition Eurobank Tekfen, which will now operate under the name of Burgan Bank – Turkey. Its subsidiaries EFG Istanb More… |
