Valu, Egypt’s leading financial technology powerhouse, announced the signing of a strategic partnership with Fawry, Egypt’s leading fintech and electronic payments company, to introduce Valu services as a new flexible payment and financing option on the myfawry app. This collaboration reflects Valu’s ongoing commitment to expanding its digital financing solutions and enhancing customer experience by offering more accessible and flexible financial services.
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today its role as sole financial advisor to the Metallurgical Industries Holding Company (MIH) and the Egyptian Aluminium Company (Egyptalum or EGAL) on its landmark announced partnership with Trafigura for the establishment of a new project company ("NewCo") to develop, own, and operate a new primary aluminium smelter at the Nag Hammadi complex. EFG Hermes is advising on both the equity and debt raising processes for the expansion project. The announcement of the term sheet signing today as a major milestone was announced simultaneously by MIH and Egyptalum.
Valu, Egypt's leading financial technology powerhouse, has received regulatory approval from the Financial Regulatory Authority (FRA) to establish a dedicated Small and Medium Enterprises (SME) Financing business, a strategic move that extends its proven fintech capabilities into the B2B lending space and opens a critical new funding channel for the businesses that form the backbone of Egypt's economy.
EFG Hermes, an EFG Holding company and the leading investment bank in MENA, announced today that it has been appointed sole global coordinator and sole bookrunner for the planned initial public offering of Misr Life Insurance on the Egyptian Exchange.
EFG Corp-Solutions, a subsidiary of EFG Finance and an EFG Holding company, and one of Egypt’s leading leasing and factoring companies, announced today that it has signed Egypt’s first specialized leasing agreement for electric vehicle (EV) charging infrastructure with Infinity, Egypt’s leading renewable energy company and electric vehicle charging provider, which operates the largest EV charging network in Egypt and Africa.
Valu, Egypt’s leading universal financial technology powerhouse, announced today a new partnership with Dubai Phone to introduce a fully digital onboarding experience, allowing customers to activate their account and pay with Valu through the Dubai Phone application.
EFG Hermes, an EFG Holding company and the leading investment bank in MENA, announced today the successful conclusion of its advisory role on the Accelerated Bookbuild (ABB) secondary share sale in Valu, Egypt’s leading universal financial technology platform. The transaction involves the placement of 53.8 million shares, representing 2.55% of the share capital of Valu.
Bank NXT, a leading provider of integrated retail and corporate banking solutions in Egypt, announced today its financial results for 2025, reporting a record net profit of EGP 3.17 billion and achieving a strong annual growth rate of 80%. This outstanding performance was driven by product development, strategic partnerships, and the execution of the bank's ambitious growth plan to meet evolving customer needs.
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today the successful completion of its advisory role on Trolley General Trading Company K.S.C.C.’s (“Trolley”) private placement and listing on the Premier Market of Boursa Kuwait. EFG Hermes acted as Joint Global Coordinator and Joint Bookrunner on the transaction.
Valu, Egypt’s leading universal financial technology platform, has announced a new partnership with Newgiza Sports Club (NGSC), underscoring a shared commitment to empowering athletes and reinforcing Valu’s continued support for athletes and sports institutions competing at the highest national level.
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