EFG Hermes

Stock market climbs 0.38 percent on Tuesday
Business

Stock market climbs 0.38 percent on Tuesday

The Egyptian Stock Exchange’s main index climbed just 0.38 during trading on Tuesday, gaining 20 points to hit 5,295 points…
EFG Hermes blames govt for delaying merger deal with QInvest
Business

EFG Hermes blames govt for delaying merger deal with QInvest

Egyptian investment bank EFG Hermes in a statement Sunday blamed the government for delaying a merger deal with the Qatari…
EFG Hermes gets go-ahead for Qatar deal
Business

EFG Hermes gets go-ahead for Qatar deal

Egypt’s regulator has no objections to EFG Hermes’ plan to create a jointly owned investment bank with QInvest of Qatar,…
Mubarak sons insider trading case begins, but is justice elusive?
Egypt

Mubarak sons insider trading case begins, but is justice elusive?

The trial of Alaa and Gamal Mubarak, sons of the former president, and seven businessmen accused of insider trading to…
Naguib Sawiris to drop EFG buyout: source
Business

Naguib Sawiris to drop EFG buyout: source

Egyptian billionaire Naguib Sawiris will drop out of a buy-out consortium targeting investment bank EFG Hermes after EFG shareholders backed…
Sawiris backs bid for EFG Hermes
Business

Sawiris backs bid for EFG Hermes

Egyptian billionaire Naguib Sawiris is helping finance a takeover bid for Egypt's biggest investment bank EFG Hermes that would ensure…
Egypt’s EFG defends execs against graft charges
Business

Egypt’s EFG defends execs against graft charges

Egyptian investment bank EFG Hermes on Thursday said it would defend its two chief executives against accusations of illegal share…
Shares in Egyptian bank EFG Hermes climb on Qatari deal
Business

Shares in Egyptian bank EFG Hermes climb on Qatari deal

Shares in Egypt-based investment bank EFG Hermes rose on Monday following the announcement of an agreement with Qatar's QInvest to…
EFG Hermes and Qatari firm discuss merger
Egypt

EFG Hermes and Qatari firm discuss merger

Egyptian investment bank EFG Hermes and Qatari Islamic investment bank QInvest are discussing a possible merger, both banks said in…
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