Historic year for Talaat Moustafa Group💥

Historic year for Talaat Moustafa Group💥

Historic year for Talaat Moustafa Group💥 Talaat Moustafa Group’s (TMGH) real estate segment sales skyrocketed 95% in 2021 to record EGP 32.4 billion. TMG sales breakdown📊 Real estate sales contributed to the sales last year with EGP 12.1 billion, up 2% YoY. The...
Hermes Tops the Factoring & Leasing Market🏦

Hermes Tops the Factoring & Leasing Market🏦

Hermes Tops the Factoring & Leasing Market🏦 EFG Hermes topped the financial leasing companies, with a market share of 23%, & contracts worth EGP 1.97 billion last December. Global Corp for Financial Services ranked second with contracts amounting to EGP 860...
How is the Russian-Ukrainian crisis affecting Egypt?🧐

How is the Russian-Ukrainian crisis affecting Egypt?🧐

How is the Russian-Ukrainian crisis affecting Egypt?🧐 The EGX30 index opened Thursday’s session down more than 2.5%, amid the Russian-Ukrainian crisis, & closed down 3.63%. The EGX70 index saw a much sharper fall, dropping more than 9% on Thursday....
Egypt’s Economic Growth Forecast Revised🧮

Egypt’s Economic Growth Forecast Revised🧮

Egypt’s Economic Growth Forecast Revised🧮 Minister of Planning Hala Al-Said has upgraded its growth forecast for the Egyptian economy between 6.2-6.5%, up from a 6% forecast earlier this month. More Details🧐 The Egyptian economy witnessed significant improvement...
FRA Approves EBE’s Capital Increase Request✅

FRA Approves EBE’s Capital Increase Request✅

FRA Approves EBE’s Capital Increase Request✅ The FRA has approved the Export Development Bank of Egypt’s (EXPA) request to increase its paid-in capital from EGP 3.27 billion to EGP 5.27 billion. More Details🧐  The increase of EGP 2 billion will be through a...
EFG Hermes Acquisition Takes Shape👀

EFG Hermes Acquisition Takes Shape👀

EFG Hermes Acquisition Takes Shape👀 EFG Hermes (HRHO) appointed “Goldman Sachs” as the financial advisor & “White & Case” as the legal counsel for First Abu Dhabi (FAB) acquisition offer. More Details🧐 The appointment comes in light of the potential...