comparemela.com

Latest Breaking News On - Rehab farouk - Page 4 : comparemela.com

Exclusive - Egypt amends tender terms for cigarette-making licence - document

UPDATE 1-EFG Hermes eyes start-ups after AIB deal, CEO says

EFG Hermes eyes start-ups after AIB deal, CEO says

2 Min Read CAIRO (Reuters) -Egyptian investment bank EFG Hermes Holding is targeting minority stakes in start-ups after its acquisition of a majority stake in state-owned Arab Investment Bank (AIB), its chief executive said on Sunday. FILE PHOTO: The building of EFG-Hermes, also known as Egyptian Financial Group Hermes Holding Co SAE, is seen at the Smart Village in the outskirts of Cairo, Egypt, October 27, 2015. REUTERS/Asmaa Waguih The acquisition of the 51% stake, approved by the cabinet on Wednesday, will be finalised in the third quarter, CEO Karim Awad told Reuters. It is Egypt’s first privatisation since 2006, when it sold a majority stake in Bank of Alexandria.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.