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EFG Hermes

Landmark Deal in Depth: ICON, Talaat Moustafa's Hotel Arm, Takes Over Majority Stake in 7 Hotels

Talaat Moustafa Group's ICON completes a historic acquisition, securing a majority stake in Legacy Hotels.

Chimera Investment becomes EFG Hermes’ latest shareholder

Chimera acquired the stake by purchasing 30.5 million shares for EGP 590.6 million, according to a statement to the EGX by Beltone

Egyptian women land 12 places on Forbes ME’s 100 Most Powerful Businesswomen 2023

Featuring 104 women from 27 different sectors and 27 nationalities, the list honors some of the MENA region’s top businesswomen making their mark locally, regionally, and internationally

5 of Egypt’s biggest FinTech players make it on Forbes ME’s Top FinTech Companies 2022

Five of Egypt’s biggest FinTech players were ranked among top regional companies in this years’ top 25 FinTech companies 2022 by Forbes Middle East

EFG Hermes’ Hassouna steps back from company’s NBFI platform to focus on valU

Hassouna’s transition “comes at a vital stage in the growth life cycle of valU where it will certainly benefit from increased independence.." explained Group CEO Awad