EFG Holding today announced the successful completion of a capital increase at Bank NXT, executed at par value with full participation from all shareholders. The total capital increase amounted to EGP 4.2 billion, to which EFG Holding contributed EGP 2.143 billion. EFG Holding will maintain its 51% stake following the capital increase, preserving majority ownership. This will bring the bank’s book value to an expected EGP 15.4 billion by year-end 2025.
EO Charging, a leading provider of fleet electrification solutions, has completed a £25 million shareholder-led recapitalisation, demonstrating the continued commitment of its investors and providing a strong foundation for the company’s next phase of growth. The funding follows a strategic restructuring, including EO’s planned exit from the US market and the sale of its domestic EV charger hardware and manufacturing business to Cogent Technologies, part of the Heathpatch Group. It also enables the introduction of company-wide efficiencies to streamline operations and support a more scalable platform-led business model.
EFG Hermes, an EFG Holding company and the leading investment bank in MENA, announced today the successful conclusion of its advisory role on the Accelerated Bookbuild (ABB) sale in Misr Fertilizers Production Company (MOPCO), marking one of the most notable secondary equity transactions in Egypt this year and signaling a renewed pickup in investor confidence and market liquidity.
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
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