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Investment Bank

09/02/2024

EFG Hermes introduces streamlined custody arrangement and asset servicing arrangement services across 40 markets

The service is designed to address the unique challenges faced by HNWIs, family offices, and small- to mid-sized funds in accessing custody arrangement services

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

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

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FABMISR rolls out POS payment service to promote Egypt’s financial inclusion

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