Edita Food Industries announces indicative price range for an offering of ordinary shares on the Egyptian Exchange and global depositary receipts on the London Stock Exchange
From project announcements to attendance, EFG Hermes Research offers insight into how to judge the government’s unprecedented bid to thrust Egypt back into the global investment spotlight.
Senior managers from 107 companies with a combined market cap of almost half a trillion dollars meet with 450 investors from over 200 global institutions with aggregate AUMs of more than USD 10 trillion
Revenue and profits at the leading investment bank in the Arab world are led by particularly strong results from the Investment Bank despite the inherent seasonality of the third quarter; group net profit rises 58% year-on-year
Landmark investment is both EFG Hermes’ first European investment and the first transaction under its private equity division’s new direct investment strategy
At the 4th London MENA Conference, investors with more than USD 8 trillion in aggregate AUM will seek first-hand insights into compelling Middle East and North Africa investment opportunities at face-to-face meetings with C-suite executives from top listed companies in the Arab world
This initiative is dedicated to improving the living conditions of thousands of Egyptian citizens
Impressive growth in Investment Bank operations together with sharp emphasis on cost control has generated EGP147 million in profits, accounting for 78% of the Group’s profitability
(Cairo, Egypt) — The Board of Directors of EFG Hermes Holding S.A.E. (“EFG Hermes” or the “Company”), the leading investment bank in the Arab world, issued yesterday the following statement after having received a report prepared by an independent financial advisor on the fair value of the Company’s shares :
The Board of Directors of EFG Hermes Holding S.A.E. (“EFG Hermes” or the “Company”) convened today, 26 June 2014, to discuss the reports prepared by the advisors it appointed with regards to a tender offer submitted by New Egypt Investment Fund B.V., Beltone Financial Holding S.A.E. and Beltone Capital Holding for Financial Investments S.A.E. (hereinafter referred to as “the Consortium”) to acquire 20% of the issued shares of EFG Hermes, as announced on 20 June 2014.
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