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EFG Holding revenue surges 92% to EGP 8 6bn in Q1 2024, unveils share buyback program

EFG Holding, a prominent financial institution with a strong presence in Egypt and the MENA region, reported a 92% year-on-year revenue increase in Q1 2024,

Karim awadEfg holdingHolding karim awadAsset management

Increase in revenues and net profit lifts EFG Holding s nine-month performance to new heights

EFG Holding revenues gain 27 per cent year on year to reach EGP 3.0 billion

Karim awadInvestment bankBank financial institutionsHolding image creditGroup nonHolding karim awadImage creditEmerging marketsExpected credit lossesAsset management egyptAsset managementFrontier investment managementPrivate equityTreasury activitiesInvestment bankingNon bank financial institutions

EFG Hermes Holding rebrands to EFG Holding

The move reflects the power of the Group’s full suite of financial services

Ar riyaSaudi arabiaNew yorkUnited statesKuwait cityKuwait generalCity ofUnited kingdomAbuja federal capital territoryAl qahirahNairobi areaUnited arab emiratesHan iRepublic ofKarim awadWalid hassouna

EFG Hermes Holding rebrands to EFG Holding

EFG Hermes Holding has announced that it has successfully rebranded to EFG Holding to ensure the brand evolves in line with the Group’s expansion across three distinct verticals:

Karim awadHolding karim awadHermes foundationHermes holdingEmerging markets

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