As a result of the long stop date being reached, the joint venture agreement will automatically terminate.
The parties received the necessary financial services regulatory approvals in all other markets in which the joint venture …Read full article » Egypt: Sunday, May 05 - 2013 @ 09:59
ECMS, Egypt’s leading mobile telecommunications company, which operates under the brand name Mobinil, will use the proceeds from the bond to cover planned capital expenditure, investments and network enhancements. The issuance will be made in …Read full article » Egypt: Thursday, December 31 - 2009 @ 09:26
Managed by the fixed income division of EFG-Hermes Asset Management, the fund is up 9.51% (annual, net of fees and taxes) since its inception, ranking it ahead of all other money market funds tracked by …Read full article » Egypt: Sunday, July 12 - 2009 @ 14:55
Attached is the full report.
In summary the report reveals that:
The UAE housing finance sector has benefited from a booming economy, rapid population growth in the UAE driven by net immigration, a booming real estate market, …Read full article » United Arab Emirates: Tuesday, January 16 - 2007 @ 13:58
Originally launched with a cap of LE100m, the Fund has been oversubscribed to the amount of LE152,835,800, taking advantage of EFG-Hermes’ regional expertise in Fund management, along with the Principal Bank for Development and Agricultural …Read full article » Egypt: Sunday, April 06 - 2008 @ 15:10
Al Habtoor – Leighton will immediately become one of the region largest multi-disciplined contractor. In this landmark transaction, Leighton Holdings will merge its Leighton International operations in the Arabian Gulf with Al Habtoor Engineering and …Read full article » United Arab Emirates: Monday, September 03 - 2007 @ 14:28
According to the research from the leading regional investment bank, this growth will be accompanied by a 20-25% increase in residential rents by the end of 2008 and by a further 15-20 increase in 2009.
The …Read full article » United Arab Emirates: Saturday, June 14 - 2008 @ 16:12
The deal gives ADIA a seat on EFG-Hermes Holding’s Board of Directors, and further institutionalises the EFG-Hermes shareholder base.
Over the last twelve months EFG-Hermes has seen impressive regional growth and continued positive financial performance. …Read full article » Egypt: Monday, May 21 - 2007 @ 11:13
Held in collaboration with the London Stock Exchange, the conference will have 162 fund managers from 91 institutions in Europe, the United States, the Middle East and North Africa interacting in face-to-face meetings with senior …Read full article » Egypt: Thursday, September 19 - 2013 @ 00:00
The four-day event, which is taking place between 8-11 March in Sharm El-Sheikh, will provide 259 global and regional institutional investors with exclusive access to C-suite executives from 61 of the region’s most intriguing publicly …Read full article » Egypt: Tuesday, March 09 - 2010 @ 09:55