03/15/2023
EFG Hermes concludes landmark advisory on $244 million IPO of Abraj Energy Services
IPO a key milestone in line with Oman’s 2040 vision
Investment Bank
03/08/2023
EFG Hermes concludes advisory on Al Taamir Mortgage Finance
Al Oula’s first securitization issuance worth EGP 998.5 million
02/22/2023
Al Baraka Group’s 2022 net profit increases by 52% to $239mln
Out of which US$143mln attributable to shareholders
02/06/2023
HSBC embarks on Saudi Arabia hiring spree amid deals boom
HSBC declined to comment on how many such bankers it already employs in Saudi Arabia.
01/25/2023
Emirates Investment Bank to seek shareholder approval to raise capital base to Dh1b
Private bank had slipped into losses of Dh35m in first nine months of 2022
01/23/2023
EIB provides Egypt's private sector with $515M in 2022
During their meeting, they discussed the fruitful cooperation between the Ministry of International Cooperation and the EIB over the course of 2022, at the level of various development cooperation efforts and in meeting national development priorities.
01/12/2023
Investment banking fees generated in MENA reach $1.6bn in 2022, up 5%
HSBC Holdings earned the most investment banking fees in the region during 2022, a total of $120.3 million, or a 7.5 percent share of the total fee pool, followed by Citi and JP Morgan.
01/12/2023
Al Ahly Pharos Investment Banking concludes advisory on Global Corp Financial Services third securitization issuance worth EGP 1.023bln
The bond was fully covered through a subscription of National Bank of Egypt , Arab African International Bank, Abu Dhabi Commercial Bank & AttijaraWafa Bank of Egypt
01/03/2023
EFG Hermes and Misr Italia Properties announce second securitization issuance worth EGP 986mln
The bond is backed by a receivables portfolio originated by two of Misr Italia Holding’s subsidiaries
11/30/2022
Region outlook ‘positive for investment banking’
The Viewpoint reviews the impacts of recent disruptions and expected, and explores options for banks to strengthen and grow their corporate and investment banking business.
11/30/2022
GCC outlook ‘positive for investment banking’
The Viewpoint reviews the impacts of recent disruptions and explores options for banks to strengthen and grow their corporate and investment banking (CIB) business.
11/24/2022
ADFD and AIIB explore ways to strengthen cooperation over sustainable economic development
The UAE participated in the seventh annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank in October of this year
11/23/2022
Citigroup targets more deals in Gulf region
The Gulf region has become a bright spot for public share sales this year, boosted by high oil prices and government-led privatisation programmes.
11/17/2022
EFG Hermes reports a near two-fold increase in revenues to EGP 2.3bln in 3Q22
Robust results recorded by the Investment Bank and NBFI platform, supported by the consolidation of aiBANK, drove the Group’s exceptional revenue growth in 3Q22
11/11/2022
SHUAA Capital delivers AED 20 million net profit in Q3 2022 driven by strong recurring revenues
SHUAA is well positioned to benefit from the GCC's positive economic outlook despite the weak global backdrop.
10/10/2022
Lesha Bank recognised as 'market leader' in Qatar's investment banking by Euromoney
Lesha Bank’s rebranding move is bolstered by its new business model and comes as part of its natural progression at a time of important transition, pursuing further growth both locally and internationally.
09/15/2022
EFG Hermes successfully concludes advisory on UAE-Based AD Ports acquisition of a 70% stake in Transmar and TCI
This transaction marks AD Ports’ first ever investment in Egypt
09/09/2022
EFG Hermes accelerated direct purchase of a 4.80% stake in Credit Agricole Egypt S.A.E
Additionally, Zulficar & Partners acted as legal advisor to Credit Agricole S.A with regards to this accelerated direct purchase
09/06/2022
HSBC names new team of dealmakers for private markets drive
A slump in equity capital markets deals in 2022 has made private markets teams more integral to banks
08/18/2022
EFG Hermes Holding carries forward strong momentum and delivers 28% Y-o-Y revenue increase in 2Q2022
Group operating revenues grew by 28% Y-o-Y to EGP2.1 billion in 2Q2022