Saturday 27 August 2016
 
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EFG hermes

EFG Hermes advises B.TECH on $33m partnership

EFG Hermes, a leading investment bank, has concluded its advisory to B.TECH, a major retailer and distributor in Egypt, for trading and distribution on its strategic partnership with DPI, a leading African private equity firm. The

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EFG Hermes investment banking head steps down

EFG Hermes' head of investment banking, Ahmed El Guindy, has resigned from his position with the Egyptian investment bank, it confirmed to Reuters on Monday. Guindy's last working day was May 31, a spokeswoman for the bank

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EFG Hermes posts 17pc rise in Q1 profit

EFG Hermes, a leading investment bank in the Arab world, reported a 17 per cent year-on-year rise in net profit to E£79 million, after tax and minority interest from continuing operations at the investment bank platform. Ope

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EFG Hermes to sell off stake in Credit Libanais

Egypt's EFG Hermes said on Thursday its board had approved the sale of a 40 per cent stake in Credit Libanais to Arab and Lebanese investors at $33 per share, along with plans to sell its remaining shares by May next year. Acc

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UAE, Egypt equities seen returning best returns

Top global institutional investors and leading Mena companies see best three-year returns in the UAE and Egypt, according to a report from EFG Hermes, a leading investment bank in the region. They are also evenly split on whether Mena e

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EFG wins big at Mena Fund Manager Awards

EFG Hermes, a leading investment bank in the Arab world, has won prestigious awards Mena Fund Manager Awards recognizing its performance in 2015. The esteemed industry recognition also included a regional precedent of awarding the

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Egypt offering $6bn green energy prospects

Egypt is offering an investment opportunity of at least $6 billion to 2018 in the renewable energy sector including wind and solar under the feed-in-tariff scheme, said a major investment bank ahead of the World Future Energy Summit (WFES).

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Egypt offering $6bn green energy prospects

Egypt is offering an investment opportunity of at least $6 billion to 2018 in the renewable energy sector including wind and solar under the feed-in-tariff scheme, said a major investment bank ahead of the World Future Energy Summit (WFES).

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EFG Hermes reports Q2 profit of $22.67m

Egypt's EFG Hermes reported second-quarter net profit of E£177.487 million ($22.67 million), down from £220.531 million in the previous year, the company said in a statement on Wednesday. The company reported net r

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EFG Hermes gets new head of business development

EFG Hermes announced today the appointment of Sadiq Hussain as managing director at the firm’s asset management division, to head business development. With 25 years of international experience in emerging and regional marke

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