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28 JULY 2021

valU, the Leading Buy-Now Pay-Later (BNPL) Fintech Platform Partners with SODIC’s Club S to Offer Installment Services on Club Memberships

The partnership further diversifies valU’s service offering, affording Club S potential members with the opportunity to meet their lifestyle needs.

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27 JULY 2021

EFG Hermes Concludes Advisory on SODIC’s First, EGP 343 Million Securitized Bond Offering

EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), and SODIC for Securitization S.A.E., SODIC’s wholly owned subsidiary, announced today the successful conclusion of the latter’s first securitization issuance. EFG Hermes acted as sole arranger on the EGP 343 million issuance which is the first in an EGP 1 billion securitization program for SODIC.  

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25 JULY 2021

EFG Hermes Closes Fifth Issuance for Premium International for Credit Services in an EGP 211 Million Securitization Transaction

EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced today that it successfully closed the fifth, EGP 211 million issuance of Premium International for Credit Services (Premium)’s EGP 2 billion securitization program. 

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14 JULY 2021

EFG Hermes acts as joint book runner on Mubadala-owned Yahsat’s AED 2.7 billion listing on the Abu Dhabi Exchange (ADX)

The deal represents a landmark equity capital market transaction for Abu Dhabi, as it is the first IPO since 2017

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13 JULY 2021

EFG Hermes Completes Advisory on Raya Contact Center’s Acquisition of 85% of Bahrain-based Gulf CX in a Deal Worth USD 12.2 Million

The second cross-border M&A transaction this year alone, the acquisition is part and parcel of EFG Hermes’ strategy to deepen its foothold in MENA markets and drive growth across the region.

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11 JULY 2021

valU, Paymob and the American University in Cairo School of Business enter into a partnership agreement to offer financing plans for executive education programs

valU, the leading Buy-Now Pay-Later platform (BNPL) for fintech consumer finance services, Paymob the leading payment facilitator in Egypt, and the American University in Cairo (AUC) School of Business announced today the launch of a new partnership that will see the former offer convenient financing and affordable installment plans for individuals seeking to pursue the school’s executive education programs. 

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07 JULY 2021

Vortex Energy achieves USD 200 million first close for flagship fund “Vortex Energy IV”, targets investments in global Energy Transition

Backed by its stellar track record in the field of renewable energy, Vortex Energy is launching this new fund to tap into the burgeoning global interest in Energy Transition 

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06 JULY 2021

valU, the Leading Buy-Now Pay-Later Platform (BNPL), Enters Partnership Agreement with Saudi German Hospital in Cairo to Offer Patients Financing Plans on All Hospital Services

The collaboration looks to increase healthcare affordability and enable convenient access to quality healthcare through valU’s installment programs. 

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05 JULY 2021

EFG Hermes Kenya Launches New Online Trading Platform EFG Hermes One

EFG Hermes Kenya, the leading brokerage firm in Kenya, has launched today its online equity-trading platform, EFG Hermes One, which will see the Firm offer retail investors seamless and convenient stock trading on the Nairobi Securities Exchange (NSE). 

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20 JUNE 2021

Bedaya Mortgage Finance Co. Launches Egypt’s First Non-Bank Mortgage Finance Mobile Application

The first- application-of-its-kind will bring to the market the fastest and easiest access to competitive mortgage financing solutions through a seamless financing process that will help bolster the non-bank mortgage market in Egypt.

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