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EFG Hermes Holding Hits Record Revenues of EGP 4.5 Billion and More Than Doubles Bottom-line Growth in 1Q23

Group revenue surged 129% Y-o-Y to EGP 4.5 billion and Group net profit after tax and minority soared 157% Y-o-Y to EGP 885 million EFG Hermes Holding، the leading financial institution with a universal bank in Egypt and the leading investment bank franchise in Frontier and Emerging Markets (FEM)، ....

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EFG Hermes Holding hits record revenues of 4.5 billion Egyptian pounds

Brand more than doubles bottom-line growth in 1Q23 ....

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UAE oil giant to sell 15% stake in Adnoc Logistics

Adnoc announced it will be selling 15% of its equity shares in the Adnoc Logistics & Services, with final pricing slated for June 1 ....

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EFG Hermes One-on-One Conference gets under way

EFG Hermes Holding, the leading financial institution with a universal bank in Egypt and the leading investment bank franchise in Frontier and Emerging Markets (FEM), launched its 17th EFG Hermes One-on-One Conference at Atlantis, The Palm in Dubai yesterday, attended by senior government officials, high-profile regional business leaders, investors, and listed companies.
Headlined Outplaying Challenges, the conference hosted thousands of one-on-one meetings between executives representing some of the region’s most compelling prospects and regional and global institutional investors, allowing them to gain insights into key trends impacting frontier and emerging markets to explore value-accretive investment prospects. This year’s conference, which will run until March 9, will see 179 companies in numerous key sectors across 29 countries hold direct meetings with more than 561 institutional investors and fund managers representing 247 international institutions.
This year, the ....

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UAE, Saudi to lead IPO Mena markets in 2023, says report

The initial public offering (IPO) markets in Mena region have witnessed strong momentum in 2022 led by UAE and Saudi Arabia, despite the year being rife with macroeconomic volatility due to high inflation rates and soaring commodity price, said a report. ....

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