EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) region, is proud to announce the appointment of Dr. Khalid AlSweilem as the new Chairman of EFG Hermes KSA. Dr. AlSweilem’s leadership comes as part of EFG Hermes’ ongoing commitment to expanding its presence in the Kingdom and supporting the growth of its operations in line with Saudi Arabia’s Vision 2030.
Valu, MENA’s leading universal financial technology powerhouse, announces its partnership with GoodsMart, the innovative household shopping service. This collaboration introduces a seamless payment option for GoodsMart clients, offering unmatched flexibility and convenience for managing their day-to-day household purchases.
Spark Education Platform (SEP), a fast-growing K-12 operator in KSA, owned by the Saudi Education Fund (SEF), which is managed by EFG Hermes, announced entering into definitive agreements to acquire a majority stake in Qimam El Hayat International School in Riyadh. This strategic move further solidifies SEP’s position in the Saudi education market, complementing its recently announced acquisition of 4 schools in the Kingdom. SEP will aim to unlock the school’s next chapter of growth by relocating the school to a new fit-for-purpose campus, increasing the school’s capacity by more than 50%.
Bank NXT, a leading provider of integrated retail and corporate banking solutions in Egypt, announced today a collaboration with Red Hat, the world’s leading provider of open-source solutions, to modernize its digital banking infrastructure. The collaboration focuses on leveraging Red Hat’s hybrid cloud solutions to enhance operational efficiency, deliver superior customer experiences, and strengthen security measures.
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) announced its recent rankings in MENA equity capital markets in 2024. The Firm was named the #1 investment bank in the MENA Equity & Equity-Related category for 2024 by the London Stock Exchange Group (LSEG). These achievements reflect the firm’s prominent position in the region and its ability to capture an impressive market share in transactions, including a leading number of senior roles.
EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully completed its advisory on the unicorn initial public offering (IPO) of Nice One Beauty, the leading beauty and personal care e-commerce platform in Saudi Arabia, representing the first e-commerce platform to be listed on the main Saudi Exchange.
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully completed its advisory on the USD 449 million initial public offering (IPO) of Almoosa Healthcare Company, a leading healthcare service provider in Saudi Arabia, on the Saudi Exchange.
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) announced today that its investment banking division successfully concluded advisory on a future cash flow securitization issuance worth EGP 500 million for Badr University in Assiut (BUA), one of CIRA’s flagship universities. This issuance marks the first standalone future cash flow securitization for BUA.
EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully concluded advisory on the EGP 400 million securitized bond issuance for Premium International for Credit Services (Premium). The issuance comes as their ninth since inception and the third in a wider EGP 2 billion program.
EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully concluded advisory on the EGP 1.78 billion securitized bond issuance for Bedaya Mortgage Finance, a subsidiary of EFG Finance , and one of the leading non-bank mortgage providers in Egypt. The issuance comes as their fifth since inception and the third in a wider EGP 10.0 billion program.
We use cookies to collect information about how you use our website. And we use the information derived from such cookies to ensure the functionality of our website and to enhance our services.
