08/14/2024
EFG Holding continues to report solid performance in the second quarter of 2024
EFG Hermes, the Investment Bank, saw its Investment Banking division report all-time high revenues together with Brokerage revenues shooting up
Investment Bank
07/22/2024
EFG Hermes completes advisory on Budget Saudi’s $121mln acquisition of AutoWorld
EFG Hermes acted as the sole financial advisor on the transaction, which is set to create a new powerhouse in the Saudi auto industry
06/10/2024
NIC recognized as the ‘Best Local Investment Bank in Kuwait - 2024’
Euromoney award confirms NIC’s distinguished services and continuous achievements
06/05/2024
EFG Hermes completes advisory on $764mln IPO of Fakeeh Care Group on the Saudi Exchange
The IPO garnered widespread interest from local, regional, and international investors, with an oversubscription rate of 119
05/24/2024
EFG Holding revenue surges 92% to EGP 8.6bn in Q1 2024, unveils share buyback program
EFG Hermes, the investment bank arm, played a key role in the strong Q1 results, with revenues more than doubling year-on-year to EGP 6.2bn.
05/08/2024
Banque Misr announces strategic partnership and major investment in BELMAZAD
Egypt’s First Digital Public Auction Platform
03/21/2024
EFG Hermes completes advisory on $428.7mln IPO of Parkin on the DFM
The IPO set a record for the most subscribed offering on the Dubai Financial Market, with an overall subscription of approximately 165 times
03/01/2024
Morgan Stanley opens office in Abu Dhabi
ADGM office will be investment bank’s fourth in the region in addition to those in Dubai, Riyadh and Qatar
01/16/2024
BankDhofar Investment Banking sustaining customer value with innovative financial strategies
The division's consistent success is underscored by its continuously expanding and diverse client base, encompassing startups to well-established corporations and inclusive of public and government sector organizations
11/22/2023
Saudi EXIM and Banque Saudi Fransi collaborate to enhance SME export funding
This initiative is part of Saudi EXIM’s strategy to foster partnerships with the private sector
11/16/2023
EFG Holding posts EGP3bn in Q3 2023 revenue
The banking group’s net profit after tax and minority interest rose by 24 per cent to reach EGP395m
11/15/2023
GFH's Q3 profit rises on investment banking income
The company aims to grow its portfolio with new investments in GCC and the US
11/03/2023
MUFG supports the financing of AviLease’s acquisition of Standard Chartered’s aviation leasing business
MUFG supported AviLease in its first acquisition financing, which relied on a group of four international leading banks to ensure optimal structuring and execution
09/26/2023
Al Ahly Pharos Investment Banking successfully concludes first securitization issuance worth EGP 789mln
Backed by the portfolio assigned from Rawasi for Urban Development
09/11/2023
Northern Trust Grows Front Office Solutions Business in EMEA Market
Northern Trust Front Office Solutions builds momentum in EMEA amidst growing demand for more diversified portfolios
08/31/2023
Spanish investment bank Alantra hiring for new Gulf-focused office in Dubai
Alantra said in a statement that it was in the process of interviewing candidates and hoped to announce new hires before the end of the year.
08/24/2023
UAE's top banks' combined profits soar 68% on higher rates, business activity
The emirate's 4 biggest banks saw a combined profit of $7.4bln in H1
08/11/2023
EFG Holding’s Q2 2023 revenue jumps 51% to $844m
The banking group’s net profit after tax and minority interest rose by 20 per cent to reach EGP405m
08/01/2023
Dubai's Shuaa Capital launches Saudi-focused fund
The Sharia-complaint fund will invest in Saudi and GCC equities
07/17/2023
Al Ahly Pharos Investment Banking conclude EGP 15bln for New Urban Communities Authority’s first Securitization Issuance
From a multi-issuance program with a total value of EGP 30 billion