EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announced today that its investment banking division successfully completed advisory on the USD 2.5 billion initial public offering (IPO) of ADNOC Gas plc — a large-scale, integrated gas processing company and an integral part of ADNOC’s value chain — on the Abu Dhabi Securities Exchange (ADX). The listing marks the largest on the ADX to date, and the largest IPO globally so far this year. EFG Hermes acted as joint bookrunner on the transaction.
valU, MENA’s leading lifestyle-enabling fintech platform, and Azimut, the leading multinational asset manager, announced today that they partnered to launch the AZ valU Fund, a money market fund providing people with a flexible and convenient investment solution featuring the market’s most competitive daily yields. The fund compounds interest daily, giving clients access to daily redemptions without locking capital up in long-term, fixed instruments.
EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announced today that its investment banking division has successfully concluded the second, EGP 958 million securitized bond issuance for Bedaya Mortgage Finance, Egypt’s first non-bank online mortgage provider and one of EFG Hermes Holding’s non-bank financial institutions (NBFI). The bond, which comes as part of a wider EGP 3 billion securitization program, is backed by a mortgage portfolio assigned to EFG Hermes, the issuance’s special purpose vehicle (SPV).
EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announced today that its investment banking division has successfully concluded the first securitized bond issuance for Al Taamir Mortgage Finance – Al Oula, a prominent player in the Egyptian mortgage finance space, in a transaction worth EGP 998.5 million, as part of a wider EGP 3 billion securitization program.
EFG Hermes Holding, the leading financial institution with a universal bank in Egypt and the leading investment bank franchise in Frontier and Emerging Markets (FEM), kicked off its 17th annual One-on-One Conference yesterday in Dubai, which will run up until March 9, 2023. Attendees include 561 global institutional investors and 179 companies drawn from 29 countries across the region.
EFG Hermes Holding, the leading financial institution with a universal bank in Egypt and the leading investment bank franchise in Frontier and Emerging Markets (FEM), inaugurated the 17th EFG Hermes One-on-One Conference at Atlantis, The Palm in Dubai today, attended by senior government officials, high-profile regional business leaders, investors, and listed companies.
EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announced today that its investment banking division successfully closed an EGP 805.5 million securitized bond issuance for leading Egyptian real estate developer Madinet Nasr for Housing and Development (MNHD) — the second in an EGP 3.0 billion securitization program.
valU, MENA’s leading lifestyle-enabling fintech platform, announced today that it has partnered with Sixyards Sports & Event Management (Sixyards) and LaLiga Camp Egypt. The partnership will enable parents to leverage valU’s convenient financing solutions to enroll their children at LaLiga’s first-ever camp in Egypt for young footballers.
EFG Hermes Kenya, the leading brokerage firm in Kenya, has launched an all-new digital onboarding process for its online trading platform, EFG Hermes One Kenya App. The streamlined digital onboarding process is integral to its strategy to promote financial inclusion in Kenya and the frontier markets in which it operates.
EO Charging, a leading provider of electric vehicle (EV) charging solutions for fleets, has today announced it has secured approximately US$ 80 million in equity investment from Vortex Energy, a leading energy transition investment firm, and Zouk Capital, a private equity and infrastructure fund manager, to accelerate its growth plans and global expansion strategy. The two investors are coming together in a partnership that will support EO’s path towards global leadership in EV fleet charging as zero-emission transportation adoption accelerates.
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