EFG Hermes Holding hosts its 16th Annual One-on-One Conference in Dubai today

 EFG Hermes’ One-on-One, the world’s largest investment forum dedicated to frontier emerging markets (FEM), commences this morning, with 655 institutional investors connecting with c-suite executives from 205 companies spanning 33 countries EFG Hermes Holding, an impact-driven universal bank in Egypt and the leading investment bank franchise in Frontier Emerging Markets (FEM), kicked off its 16th annual One-on-One Conference today in Dubai under the patronage of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance of the United Arab Emirates. The conference, taking place today at Atlantis, The Palm hotel,will play … Continue reading EFG Hermes Holding hosts its 16th Annual One-on-One Conference in Dubai today

With supporting customers in focus Binghatti Developers sign an agreement with Emirates Islamic Bank

*The agreement provides preferential   credit facilities for all our customers, said Muhammad Binghatti Binghatti Developers signed a agreement with Emirates Islamic Bank to enhance mutual cooperation and develop the consumers’ experience, while serving the UAE real estate sector. The agreement was signed at the Ritz-Carlton Hotel in the Dubai International Financial Center on Wednesday, June 1, 2022. Eng. Muhammad Binghatti, CEO of Binghatti Developers, and Emirates Islamic Bank CEO, Salah Amin, attended the signing ceremony.  “The  agreement aims to provide resources and support to joint customers, facilitate  housing loans procedures ,  while exempting customers from paying specific fees, and offer … Continue reading With supporting customers in focus Binghatti Developers sign an agreement with Emirates Islamic Bank

Amazon invests in EFG Hermes GDR’s, with a valuation of ValU reaching USD $235 million

 valU Consumer Finance  (valU), a fully-owned subsidiary of EFG Hermes Holding on Thursday entered into an agreement with Amazon for the Provision of Consumer Financing by valU as a Payment Method on amazon.eg (the Commercial Agreement). Pursuant to the terms of the Commercial Agreement, valU will make some of its consumer financing products available to eligible customers on amazon.eg, providing these customers the option to split the total cost of purchases into multiple payments by using valU. In connection with the entry into the Commercial Agreement, EFG Hermes and Amazon entered into an Option Agreement (the Transaction Agreement) whereby Amazon … Continue reading Amazon invests in EFG Hermes GDR’s, with a valuation of ValU reaching USD $235 million

Response Plus Holding PJSC unveils record 4th Quarter 2021 Financial Results

Net profit reached AED 65.01 million while revenues were AED 299.6 million end of year, Response Plus Holding PJSC (RPM), one of the leading providers of healthcare services in the United Arab Emirates, reports an impressive Q4 performance for the period ending 31st December 2021. Reporting a remarkable growth in its financials during the year 2021, the company, a unit of ADX-listed Alpha Dhabi (subsidiary of International Holding Company ‘IHC’) announces a net profit that reached AED 65.01 million AED from 40.01 million AED in the first nine months of 2021, reflecting the impact of the transformative change during the … Continue reading Response Plus Holding PJSC unveils record 4th Quarter 2021 Financial Results