EFG Holding, a leading financial institution in the MENA region, announced that its board has approved the listing of U Consumer Finance S.A.E. (known by its brand name valU) on the Egyptian Exchange (EGX).

EFG Holding (HRHO) reported a 70.57% year-on-year (YoY) increase in consolidated net profit excluding minority interest for 2024.

EFG Finance, the non-bank financial institution's arm of EFG Holding, has announced divestment from PayTabs Egypt by selling its 51% stake to PayTabs Global for an undisclosed amount.

EFG Hermes, an EFG Holding company, has entered into a partnership with KidZania in Cairo to introduce the first-ever stock trading experience for children

EFG Hermes, an EFG Holding company, has concluded a marketed offering of ADNOC Gas shares on behalf of Abu Dhabi National Oil Company (ADNOC)

EFG Hermes has completed its advisory role on the initial public offering (IPO) of Nice One Beauty.

EFG Hermes has concluded its advisory on Almoosa Healthcare Company’s $449 million initial public offering (IPO) on the Saudi Exchange.

EFG Hermes, an EFG Holding Company, concluded advisory on the EGP 400 million securitized bond issuance for Premium International for Credit Services

EFG Hermes, an EFG Holding Company, successfully concluded advisory on the EGP 1.78 billion securitized bond issuance for Bedaya Mortgage Finance

EFG Holding has forecasted that the Egyptian economic growth would reach 3.7% in 2025 and 4.7% by 2026.

EFG Hermes Holding (HRHO) reported a 96.44% year-on-year (YoY) increase in consolidated net profits excluding non-interest for the first nine months of 2024.

The private equity arm of EFG Hermes, an EFG Holding company, has launched a $300 million Saudi Education Fund (SEF), targeting the construction of an institutional world-class K-12 operator in Saudi Arabia.

EFG Hermes, an investment bank in the MENA region and part of EFG Holding, has completed the 12th securitized bond issuance for valU.

EFG Hermes has successfully concluded its advisory on the fourth securitization issuance worth EGP 1.4 billion for Bedaya Mortgage Finance.

EFG Holding Group is considering establishing a regional headquarters in Saudi Arabia.

EFG Holding aims to generate 20% of its revenues from Saudi Arabia within the next five years.

EFG Holding (HRHO) reported a 89.39% year-on-year (YoY) increase in consolidated net profit excluding minority interest for the first half (H1) of 2024.

EFG Hermes ONE, the trading app from EFG Hermes—an EFG Holding Company, an investment bank in the MENA region—has launched a rebranded platform, as per an emailed press release to Arab Finance.

EFG Hermes, a subsidiary of EFG Holding, has completed its advisory role on the $11 billion fully marketed secondary public offering of Saudi Aramco on the Saudi Exchange, as per an emailed press release.

EFG Hermes, a subsidiary of EFG Holding, has advised on the $515 million initial public offering (IPO) of Alef Education Holding on the Abu Dhabi Securities Exchange (ADX).