Investment Banking

Financial Results

EFG Hermes Holding carries forward strong momentum and delivers 28% Y-o-Y revenue increase in 2Q2022

August 18, 2022

EFG Hermes Holding, an impact-driven universal bank in Egypt and the leading investment bank franchise in Frontier Emerging Markets (FEM),…

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Executive Moves

JPMorgan appoints co-heads of Mideast investment banking

July 15, 2022

JPMorgan JPM.N has appointed Hani Deaibes and Ahmed Salem as co-heads of its Middle East and North Africa investment banking…

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Investment Banking

EFG Hermes successfully concludes advisory on UAE-based Agthia’s majority acquisition of Auf Group

July 15, 2022

EFG Hermes has  announced  that its investment banking division successfully concluded advising Auf Group's founders and Tanmiya Capital Ventures (TCV)…

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Investment Banking

EIB, Banque Misr strengthen cooperation to support SMEs and sustainability financing

July 14, 2022

The European Investment Bank and Banque Misr today formally agreed to strengthen cooperation to further strengthen support for SME lending…

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Investment Banking

Emirates NBD Group and BNY Mellon announce strategic alliance to accelerate growth of UAE capital markets

July 6, 2022

BNY Mellon  and Emirates NBD  has announced a strategic alliance aimed at accelerating the growth of United Arab Emirates' (UAE)…

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Investment Banking

China Renaissance considers investments in high-growth Middle East companies

June 20, 2022

China Renaissance, a Chinese asset management and investment banking company, is looking at potential investments in high-growth Middle Eastern companies,…

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Investment Banking

Dubai’s Shuaa Capital Q1 net profit falls due to asset write-down

May 13, 2022

Dubai-based investment bank Shuaa Capital has posted a drop in Q1 2022 net profit after writing down intangible assets worth…

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Investment Banking

Standard Chartered’s operating profit in Middle East, Africa hits near 10-year high

April 29, 2022

Standard Chartered’s quarterly operating profit for the Middle East and Africa has reached a near ten-year high, thanks to higher…

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Executive Moves

SICO appoints new Chief Risk Officer and Head of Middle Office

April 25, 2022

SICO BSC  has  announced  the appointments of Owen Vallis as Chief Risk Officer and Nimita Nazer as Head of Middle…

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Investment Banking

HSBC becomes Dubai Financial Market's first general clearing member

April 20, 2022

Dubai Financial Market has announced that HSBC has become the first international General Clearing Member (GCM) to join the market,…

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Investment Banking

Global investment banking fees fall 31% to two-year low

April 19, 2022

Investment banking fees reached $28.1 billion during the first quarter of 2022, posting a 31% decrease compared to the first…

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Investment Banking

First Abu Dhabi Bank withdraws offer for Egypt's EFG Hermes

April 14, 2022

First Abu Dhabi Bank (FAB) has withdrawn its offer for a controlling stake in Egyptian investment bank EFG Hermes, citing…

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