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EFG Hermes Holdings SAE (HRHO.CA)

HRHO.CA on Cairo Stock Exchange

15.90EGP
18 Sep 2018
Change (% chg)

£-0.17 (-1.06%)
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Latest Key Developments (Source: Significant Developments)

EFG Hermes Signs Final Deal To Acquire Primera Africa
Thursday, 19 Jul 2018 03:21am EDT 

July 19 (Reuters) - EFG HERMES HOLDINGS ::SIGNS FINAL DEAL TO ACQUIRE ENTIRE STAKE OF PRIMERA AFRICA.DEAL TO FINALIZE BY JULY 31.DEAL COMES AS PART OF CO'S STRATEGY TO EXPAND IN EMERGING MARKETS.  Full Article

EFG Hermes To Launch Investment Platform Targeting Basic Education In Egypt
Sunday, 20 May 2018 02:02am EDT 

May 20 (Reuters) - EFG HERMES HOLDINGS ::SIGNS EXCLUSIVE PARTNERSHIP AGREEMENT WITH GEMS EDUCATION TO LAUNCH INVESTMENT PLATFORM TARGETING BASIC EDUCATION IN EGYPT.  Full Article

DFM Admits EFG Hermes Brokerage As Allocation Account Service Provider‍​
Monday, 2 Apr 2018 06:21am EDT 

April 2 (Reuters) - DUBAI FINANCIAL MARKET ::ADMITS EFG HERMES BROKERAGE AS FIRST ALLOCATION ACCOUNT SERVICE PROVIDER‍​.  Full Article

EFG Hermes Board Approves Capital Increase
Sunday, 1 Apr 2018 01:35am EDT 

April 1 (Reuters) - EFG HERMES HOLDINGS ::BOARD APPROVES ISSUED CAPITAL INCREASE TO EGP 3.84 BILLION FROM EGP 3.07 BILLION THROUGH ISSUING 1 BONUS SHARE FOR EVERY 4 SHARES‍​.  Full Article

Efg Hermes Says RA Mena Holdings Raises Stake to 8.1 Pct
Thursday, 1 Mar 2018 08:12am EST 

March 1 (Reuters) - EFG HERMES HOLDINGS ::RA MENA HOLDINGS BUYS 20.89 MILLION OF CO'S SHARES FOR TOTAL VALUE OF EGP 459.7 MILLION.RA MENA HOLDINGS RAISES STAKE IN CO TO 8.1 PERCENT FROM 2.63 PERCENT.  Full Article

Egypt's EFG Hermes Says Vortex Sells Stake in Vortex Solar to KWAP
Sunday, 17 Dec 2017 01:29am EST 

Dec 17 (Reuters) - EFG HERMES HOLDINGS ::VORTEX SELLS 45 PERCENT STAKE IN VORTEX SOLAR TO KWAP FUND FOR GBP 67.5 MILLION.EFG HERMES SAYS VORTEX TO RETAIN 5 PERCENT STAKE IN VORTEX SOLAR ‍​.  Full Article

EFG Hermes Launches 'valU' for Installment Sale Services in Egypt
Thursday, 14 Dec 2017 08:32am EST 

Dec 14 (Reuters) - EFG HERMES HOLDINGS ::LAUNCHES FINTECH SOLUTION UNDER BRAND NAME 'VALU', OFFERING EGYPTIAN CONSUMERS PAYMENT-ON-INSTALLMENT PROGRAMS‍​.ALLOCATES AN INITIAL EGP 250 MILLION IN INVESTMENTS TO ITS NEW VENTURE, WITH MORE ALLOCATION TO BE DEPLOYED AS 'VALU' EXPANDS ITS CLIENT BASE, VENDOR NETWORK.SAYS 'VALU' WILL MAKE OFFICIAL DEBUT DURING JANUARY 2018, INITIALLY BEING ROLLED-OUT IN GREATER CAIRO.  Full Article

Egypt's EFG Hermes Q3 consol profit rises
Thursday, 16 Nov 2017 02:10am EST 

Nov 16 (Reuters) - EFG HERMES HOLDINGS ::Q3 CONSOL NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS EGP 237.3 MILLION VERSUS EGP 150.5 MILLION YEAR AGO.Q3 CONSOL TOTAL REVENUE EGP 1.02 BILLION VERSUS EGP 371.1 MILLION YEAR AGO.NINE-MONTH CONSOL NET PROFIT EGP 1 BILLION VERSUS EGP 18.2 MILLION YEAR AGO.  Full Article

EFG Hermes opens new office in New York City
Monday, 18 Sep 2017 03:23am EDT 

Sept 18 (Reuters) - EFG HERMES HOLDINGS ::SAYS OPENS NEW BRANCH IN NEW YORK CITY UNDER NAME EFG HERMES USA INC AFTER APPROVAL FROM FINANCIAL INDUSTRY REGULATORY AUTHORITY (FINRA) AND SECURITIES INVESTOR PROTECTION CORPORATION (SIPC).  Full Article

EFG Hermes continues to divest its remaining stake in Crédit Libanais
Tuesday, 15 Aug 2017 03:40am EDT 

Aug 15 (Reuters) - EFG HERMES HOLDINGS :CONTINUES TO DIVEST ITS REMAINING STAKE IN CRÉDIT LIBANAIS FOLLOWING SALE OF ITS MAJORITY STAKE IN BANK AND ITS SUBSEQUENT DECONSOLIDATION IN Q2 OF LAST YEAR.IN Q2 2017, CO OFFLOADED ADDITIONAL 3.65 PERCENT OF CRÉDIT LIBANAIS’ SHARES, LEAVING FIRM WITH 9.46 PERCENT STAKE AT END OF PERIOD.EMPLOYEE EXPENSES STOOD AT 39 PERCENT OF OPERATING REVENUES IN Q2, DESPITE HIGHER OVERSEAS SALARIES FOLLOWING FLOAT OF EGYPTIAN POUND, INFLATIONARY PRESSURE.  Full Article

Egyptian court orders arrest of Mubarak's sons over stock market manipulation

CAIRO, Sept 15 An Egyptian criminal court ordered the arrest of ousted President Hosni Mubarak's two sons on charges of stock market manipulation, state news agency MENA reported Saturday.