EFG Hermes-QInvest deal lag pulls EGX down
The main EGX 30 index drops 0.18% to 5,285 points on Wednesday
EFG Hermes devalues OCI shares from $45 to $35
Downgrade result of decrease in company revenues and increase in prices acerbated…
Egypt ‘too big to fail’: Director of Actis in Egypt
Actis is an emerging markets investor with US$5.2 billion funds under management.…
Prosecutor general freezes accounts of well known businessmen
List includes former President Hosni Mubarak’s two sons, Alaa and Gamal, as…
Saudi and Egyptian businessmen freeze investments in Egypt
Decision comes in response to Prosecutor General Tala’at Abdallah’s decision to ban…
EFG Hermes, QInvest on verge of completing merger
The Qatari partner will hold a 60% stake in the new venture,…
EFG Hermes: Egypt’s economy will grow 3.5% in 2013
The acceptance of Egypt’s pending IMF loan will have a positive effect…
EFG deal fails to lift the market
Al-Saeed expects the market to resume its positive performance Wednesday despite price…
EFG Hermes reports a 66 percent drop in net profits during Q2
By Islam Serour EFG Hermes released the Consolidated Financial Report for the…
CIB and EFG-Hermes take over one-third of Tuesday’s trading
By Islam Serour Commercial International Bank (CIB) and Hermes Financial group represented…