Valu, MENA’s leading universal financial technology powerhouse, announces a new partnership with KarmSolar, a multi-utility company specialized in renewable energy, to introduce an Electric Vehicle (EV) charging network in District 5. KarmSolar launches this initiative through its newly established subsidiary “Karm.”
EFG Hermes ONE, the renowned trading app from EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA), proudly announces the launch of its rebranded, all-new enriched platform. With a new brand identity, a redesigned interface, and a range of cutting-edge features, the revamped EFG Hermes ONE is set to transform the user experience and empower investors to seize control of their financial futures.
Valu, MENA’s leading universal financial technology, has announced a strategic partnership with Truecaller, the premier global platform for verifying contacts and blocking unwanted communication. Through Truecaller's Verified Business Caller ID solution suite, this collaboration aims to enhance customer safety and streamline business communication.
EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully completed advisory for United International Transportation Company, or Budget Saudi’s USD 121 million acquisition of Al-Jazira Equipment Company, known as AutoWorld, a SEDCO Holding-owned vehicle leasing company. EFG Hermes was appointed as the sole financial advisor on the transaction by Budget Saudi.
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) region, announced today that its Investment Banking Division successfully concluded advisory to UAE’s Electra Investment Holding on the USD 449 million acquisition of 19.98% in Elsewedy Electric, a regional leader in the production and provision of comprehensive energy and infrastructure solutions. EFG Hermes acted as the sole financial advisor to Electra Investment Holding in the acquisition.
EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA), announced today the successful conclusion of a short-term note issuance, valued at EGP 433 million for a one-year term for EFG Corp-Solutions, a subsidiary of EFG Finance and an EFG Holding Company, and one of Egypt’s leading leasing and factoring companies. This transaction comes as the first of its kind for EFG Corp-Solutions.
Valu, MENA’s leading universal financial technology powerhouse, announced today that it has closed its 10th securitized bond issuance worth EGP 1.2 billion. The issuance is part of the approved extended securitization program worth EGP 9.0 billion.
EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully completed its advisory on the USD 515 million initial public offering (IPO) of Alef Education Holding (Alef Education), an award-winning AI-powered learning solutions provider based in Abu Dhabi, on the Abu Dhabi Securities Exchange (ADX). EFG Hermes acted as Joint Global Coordinator and Joint Bookrunner on the transaction.
EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully completed its advisory on the USD 11 billion fully marketed secondary public offering of Saudi Aramco, the world’s largest integrated energy and chemicals company and the national oil company of Saudi Arabia, on the Saudi Exchange. EFG Hermes acted as a Joint Bookrunner on the transaction, the region's largest fully marketed offering.
EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully completed advisory on the USD 147 million (KWD 45 million) listing on Boursa Kuwait’s Premier Market through a private placement for Beyout Investment Group Holding Company K.S.C. (BIG), the regional pioneer in providing comprehensive human resources and project lifecycle support complemented by real estate services. EFG Hermes UAE was appointed as Joint Global Coordinator and Joint Bookrunner for the listing.
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