Total operating expenses, including provisions and expected credit losses (ECL), rose 22 per cent YoY
The agreement stems from a 2022 deal in which Amazon invested $10m in global depositary receipts (GDRs) of EFG Holding
The co-head of Investment Banking at EFG Hermes shares the outlook for IPOs and other key investment trends across the region
Adjusted for foreign exchange effects, revenues grew 31 per cent YoY, underscoring strong operational momentum across its core businesses
In line with the listing plans, EFG Holding will distribute shares in Valu, equivalent to a 20.488 per cent stake in the company, to its shareholders based on the book value of the shares
MENA countries have made significant progress in empowering women economically, politically, and socially, and considers women to be key partners in sustainable growth
One of Egypt’s biggest banking and investment firms has recorded that its net profit after tax and minority interest rose 39 per cent year-on-year
The banking group’s net profit after tax and minority interest rose by 24 per cent to reach EGP395m
The banking group’s net profit after tax and minority interest rose by 20 per cent to reach EGP405m
The bank said access to InstaPay App will offer its customers a new level of convenience and flexibility in managing their finances
Powered by a strategic rebranding, EFG Holding continues to maintain a competitive edge across frontier and emerging markets. Group CEO Karim Awad shares the details
The change in the brand name will not impact the current management structure and reporting lines, day-to-day operations, or the level of support and cross-selling that will continue between the group’s three verticals