EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) region, announced today that it acted as the buy-side advisor to Jahez International Company for Information Systems Technology (Jahez), on its majority stake acquisition of Snoonu Holding Company (Snoonu), Qatar’s leading technology and on-demand delivery platform. This milestone transaction accelerates Jahez’s evolution into a GCC technology powerhouse and marks Jahez's entry into the Qatari market. The transaction saw Jahez acquire 76.56% for USD 245 million. Following the completion of the transaction, Eng. Hamad Mubarak Al Hajri, the founder and CEO of Snoonu, will own the remaining 23.44%.
Valu, the leading financial technology company in Egypt, announced today the renewal of its collaboration with Amazon.eg. This enhanced agreement will expand Valu’s diverse and seamless financing programs, elevating the shopping experience for customers across Egypt. Under this renewed commercial agreement, both Amazon and Valu customers will enjoy exclusive perks, added benefits, and greater flexibility in payment plans. This commitment reflects a shared focus on innovation, delivering increased convenience, value, and a fully integrated shopping experience.
The Social Housing and Mortgage Finance Fund (SHMFF) has signed a cooperation protocol with Bank NXT to expand their joint efforts and increase financing capacity for applicants under the Fund’s housing initiatives. The protocol agreement was signed by Mai Abdel Hamid, CEO of SHMFF, and Tamer Seif El Din, CEO and Managing Director of Bank NXT.
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today that it successfully concluded advisory on the EGP 224 million securitized bond issuance for Premium International for Credit Services (Premium). This marks the tenth issuance since Premium’s inception and the fourth under the seventh securitization program.
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 has successfully concluded its role as the sole financial advisor for Nawy Now, the mortgage arm of leading proptech company Nawy. The transaction involves the successful arrangement of EGP 1 billion in bilateral facilities from a consortium of six leading banks, including the National Bank of Egypt (NBE), the Egyptian Gulf Bank (EGB), the Commercial International Bank (CIB), the Suez Canal Bank (SCB), Bank NXT, and Emirates NBD (ENBD).
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) region, proudly announces the outstanding performance of its Research division in the 2025 Emerging EMEA Extel (formerly Institutional Investor Research) Survey rankings.
EFG Hermes, an EFG Holding company, and the leading investment bank in the Middle East and North Africa (MENA) region, announces the completion of its first role as Sole Financial Advisor and Lead Manager for an initial public offering (IPO) in Saudi Arabia, advising Jamjoom Fashion Trading Company on its IPO and listing on the Parallel Market (Nomu) of the Saudi Exchange
Valu, MENA’s leading universal financial technology powerhouse, announced today its partnership with MobileMasr, Egypt’s first tech-driven platform for second-hand electronics, to launch the first peer-to-peer Buy-Now, Pay-Later (BNPL) service for pre-owned smartphones in Egypt.
FG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) region, is building on the momentum of its most recent flagship gathering, the 11th Annual London Investor Conference, which was held at Emirates Stadium from September 8–11 under the theme “Investing Right in MENA.” The conference convened global investors, leading listed companies, and policymakers to unlock opportunities across the region’s most dynamic sectors, including financial services, real estate, consumer goods, telecommunications, technology, energy, and materials. This year’s edition featured 131 presenting companies and welcomed 710 guests from around the world, including 285 investors representing 146 leading investment institutions, underscoring the event’s scale, impact, and standing as the premier gateway to MENA markets.
Valu, MENA’s leading universal financial technology powerhouse, announced today the launch of its digital onboarding feature on noon, the region’s largest digital marketplace.
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