Collaboration between EFG Hermes Leasing and Philips Egypt LLC Gives Egyptian Healthcare Facilities including Start-Ups, SMEs and HospitalsAccess to Financing for Medical Equipment
Rx Healthcare Fund (“Rx” or the “Fund”), an Africa-focused healthcare private equity fund currently under establishment, today announced that GE Healthcare, a leading global provider of transformational medical technologies and services, is set to become an anchor limited partner in Rx. Following an earlier commitment to Rx by the African Development Bank, the proposed minority investment by GE is subject to completion of fundraising.
EFG Hermes, a leading financial services corporation in the Middle East and North Africa, has recently concluded the advisory on the partnership between Intro Investments Holding Ltd. and Native Markets Ltd.
EFG Hermes, a leading financial services corporation in the Middle East and North Africa, has recently concluded the advisory on the partnership between Intro Investments Holding Ltd. and Native Markets Ltd.
Group net profits from continued operations hits EGP 753 million in 1H2017, driven by a very strong second quarter of its investment bank operations, continued growth in the non-bank financial platform and enhanced balance sheet utilization
Executing on its announced strategy to grow the Company’s AUM base, the transaction will foster the EFG Hermes position as the region’s biggest asset manager
Award-winning Research division broadens coverage universe to more than 170 equities, to reach a record high of c.63% of MENA market capitalisation, receiving first place ranking in 2017 Institutional Investor EMEA Poll and 2nd place in Extel EM survey
EFG Hermes Asset Management will now manage two Ahli United Bank -Egypt-branded funds, bringing its total domestic fund count to 18
EFG Hermes inaugurates its Pakistan office, completing an acquisition that sees it expand for the first time outside the Middle East and North Africa under its growth strategy; Sub-Saharan Africa to follow
201% Y-o-Y increase in profits was driven by a 106% rise in revenues to EGP 825 million for the quarter on the back of a recovery in regional markets during the months of January and February.
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