EFG Hermes Leasing, a wholly-owned subsidiary of leading investment bank EFG Hermes Holding, is planning to raise its paid-up capital by 25 percent this year, its chief executive Wael Ziada told Amwal Al Ghad Wednesday.
Ziada said the anticipated (...)
Egyptians Housing Development and Reconstruction is studying the establishment of a residential and administrative tower in south of Cairo with investments up to 800 million Egyptian pounds (US$102 million), its executive director said (...)
Egypt's EFG-Hermes, the leading investment bank in the Middle East, says Tuesday it plans to run some new initial public offerings (IPOs) in food, healthcare, education, industrial sectors.
Mostafa Gad – EFG Hermes' investment banking director – (...)
Egypt's EFG-Hermes, the leading investment bank in the Middle East, is seeking to run ten new mergers and acquisitions this year, its investment banking director announced Monday.
Mostafa Gad further said that the planned M&A deals will be in (...)
The fourth annual Egypt-focused investment conference for the investment bank CI Capital has kicked off in Cairo Tuesday, with the participation of largest 100 firms listed in the local bourse.
Chief executive Mahmoud Attalla said this year (...)
Egyptian investment bank, CI Capital is planning to increase its assets under management this year, its deputy group CEO Hazem Badran said Tuesday.
During CI Capital's investment conference kicked off Tuesday, Badran said the company is managing (...)
Egyptian investment bank, CI Capital is working on four initial public offerings (IPOs) on Cairo bourse that are expected to complete this year, its deputy group CEO Hazem Badran said Tuesday.
During CI Capital's investment conference kicked off in (...)
Egypt's investment bank, Pharos Holding is working on two initial public offerings (IPOs) on Cairo bourse that are expected to complete in the second half of 2016, its chief executive Elwy Taymour said Monday.
The planned IPOs are in health and (...)
Egyptians for Housing and Development Company is seeking to increase its profits to 300 million Egyptian pounds (US$38 million) in two years; 2017 and 2018, its vice chairman and managing director Hashem El Sayed said Sunday.
Elsayed added that the (...)
The rate of listing firms on the Egyptian bourse has jumped 300 percent during 2015, chairman Mohamed Omran announced Tuesday.
Omran said 15 companies were listed in the Egyptian Exchange (EGX), with total subscriptions worth 6.2 billion Egyptian (...)
Private equity manager in MENA region, First Equity Partners (FEP) plans to boost the volume of assets of its affiliate FBE Capital to 2 billion Egyptian pounds (US$255.3 million) by the end of 2016, said deputy CEO Sunday.
In March 2015, First (...)
First Equity Partners (FEP), a leading private equity manager in the MENA region, is to pump investments of 500 million Egyptian pounds (US$63 million) into Egyptian market in 2016, its deputy CEO Omar El Maghawry said Saturday.
El Maghawry told (...)
Egypt-based National Fund Management Company (Al-Ahly) - NFMC registered total assets under management of 16 billion Egyptian pounds (US$2.2 billion), managing director Essam Khalifa announced on Tuesday.
The leading fund management company in Egypt (...)
Egypt-based Acumen Holding is currently in official talks, seeking to select a bank to be tasked with managing its new Money Market fund.
Managing Director Rana Adawi spoke to Amwal Al Ghad on Sunday, saying Acumen is currently negotiating with one (...)
World Bank Group's IFC has spent around US $ 300 million during 2013 in supporting the SMEs in the MENA region, the corporation's regional director revealed on Sunday.
Speaking to the 6th Conference for the SMEs Governance that kicked off today in (...)
Egypt is looking forward to transforming its bourse for the SMEs – which is known as NILEX - into an independent entity within the coming five years, the chairman of the Egyptian stock market said on Sunday.
In a keynote speech during the 6th (...)