EFG Hermes: Egypt Faces Large Spread of Dollarization
Egypt is witnessing a large spread of dollarization in all sectors of the economy, based on the monetary indicators, Asharq Business reported on May 10th, citing a recent report issued by EFG Hermes. EFG Hermes referred to the possible need to secure additional sources of foreign exchange, because the anticipated asset sales in Egypt will […]
EFG Hermes and Misr Italia Properties
EFG Hermes and Misr Italia Properties announce second securitization issuance worth EGP 986mln The bond is backed by a receivables portfolio originated by two of Misr Italia Holding’s subsidiaries Cairo: EFG Hermes, the leading investment banking franchise in Frontier and Emerging Markets (FEM), and Misr Italia Properties, one of Egypt’s leading real estate developers, announced today […]
EFG Hermes closes another successful M&A deal in Egypt
Finalizing Majority Stake Sale of Egypt’s Auf Group to UAE-Based Agthia The transaction follows several M&A deals the Firm advised on in the region this year, reinforcing its position as the leading M&A house in the region Cairo and Abu Dhabi: EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announced today […]