
Kaf Insurance, a joint venture between EFG Finance, an EFG Holding company, and GB-Corp, announced today that assets under management in its pension offering have surpassed EGP 1 billion, just over a year after the product’s official launch.
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’s Debt Capital Markets team has completed its advisory role on Premium’s EGP 239 million securitized bond issuance. The transaction marks Premium’s 11th securitization issuance and the first issuance under the 14th securitization program of EFG Hermes for Securitization.
The crystal-clear waters of the Red Sea, long celebrated as one of the world’s most breathtaking sailing playgrounds, are about to become more accessible to a new generation of enthusiasts. Ulter by Valu, the leading payment program redefining how Egyptians experience luxury, has announced a strategic partnership with Red Sea Sails, Egypt’s premier sailing school and yacht services provider, opening the door for more individuals to set sail, train as certified sailors, and own the yachts of their dreams.
Valu, a leading universal financial technology powerhouse in the Middle East and North Africa (MENA), announced today its landmark EGP 600 million (€10.7 million equivalent) loan from the European Bank for Reconstruction and Development (EBRD) to support Egypt’s green transition. This partnership underscores the immense confidence one of the world's leading financial institutions has in Valu’s potential.
Abu Dhabi Commercial Bank – Egypt (ADCB Egypt), a subsidiary of ADCB Group, one of the UAE’s leading banks, announced today that it has entered into a strategic partnership with EFG Hermes, an EFG Holding company, and the leading investment bank in the Middle East and North Africa (MENA), to launch the bank’s first mutual fund in the Egyptian market.
Valu Jordan, a leading fintech platform in the Middle East and North Africa, has signed a strategic partnership agreement with Middle East Payment Services (MEPS), Jordan’s leading digital payments infrastructure provider and the backbone of the Kingdom’s national payments ecosystem; and PayTabs Group, MEPS’ global payment solutions partner and MENA’s premier provider of payment orchestration infrastructure.
Valu Jordan, a leading fintech company in the Middle East and North Africa (MENA), has signed a strategic partnership agreement with Network International (NI) Jordan, a leading provider of digital commerce enablement services in the region. The partnership aims to offer Buy Now, Pay Later (BNPL) solutions to Valu customers through Network International’s merchant network across the Kingdom.
The EFG Foundation for Social Development (EFG Foundation), a non-profit, non-governmental organization dedicated to driving sustainable, high-impact development initiatives, today announced a joint contribution with Bank NXT Foundation and Valu to expand the care capacity of Ahl Masr Burn Hospital through a targeted donation of medical equipment and infrastructure.
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa, announced today the successful closing of an EGP 5.1 billion corporate bond issuance for EFG Corp-Solutions, EFG Finance’s leasing and factoring arm.
Valu, a leading universal financial technology powerhouse in MENA, has announced the appointment of Odeh Al-Fakhouri, a Jordanian national team player and player for Egypt’s Pyramids FC, as its brand ambassador in Egypt and Jordan. This partnership underscores Valu’s commitment to supporting regional talent and investing in the future of sports across the MENA region.
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