Shareholders of EFG Hermes, Egypt's biggest investment bank, reaffirmed on Sunday their approval of a planned tie-up with Qatar's QInvest after demands by the regulator for more information on the deal were met, EFG said in a statement distributed by the stock exchange.
September 16, 2012 5:20
The Gulf state set initial guidance of 135 basis points over mid-swaps for the five-year tranche, and 175 bps over for the 10-year tranche.
July 10, 2012 12:40
A tie-up between Egyptian investment bank EFG Hermes and Qatar'sQInvest, approved by EFG shareholders on June 2, is legally binding and can only be reversed through legal action, EFG said on Tuesday.
June 12, 2012 5:46
It confirmed in a statement that shareholders had approved the venture, in which EFG would have a 40 percent stake and QInvest 60 percent.
June 4, 2012 10:54