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EFG Hermes launches its DMA platform on Microsoft’s Azure

The bank’s users will enjoy access to algorithmic trading, an advanced trading strategy that ensures even faster speed and efficiency

ACWA Power’s Egypt solar project secures $123 million financing package

The project already has equity bridge loans of $14 million from the EBRD and $45 million from APICORP

Abu Dhabi’s EHI partners EFG Hermes ahead of ADX listing

EFG Hermes will act as a strategic partner during Ethmar International Holding’s private offering process

Jordan Ahli Bank integrates AI to customer service with ‘ahliGPT’

Jordan Ahli Bank has paved the way for a new era of customer service in the Middle East banking industry with the adoption of ahliGPT

ADCB Group partners with Nomo to advance digital banking

The unique proposition allows customers to get finance to buy properties in the UK as an investment or as a second home

Oman’s Ahli Bank rejects merger offer from Bank Dhofar

The bank’s board of directors studied the non-binding proposal from Bank Dhofar and decided not to accept it

EFG Hermes concludes advisory on HSB’s $8.1 million unsecured notes

The brokerage firm’s latest issuance is part of a series of back-to-back transactions EFG Hermes has concluded in the debt capital market space

FABMISR posts EGP 4.5 billion full-year net profit

The bank’s total assets grew by 55% compared to 2021 to reach EGP206.45 billion as of the end of December 2022

Morocco secures $5 billion flexible credit line from IMF

Morocco has benefited from four successive precautionary and liquidity line arrangements amounting to about $3 billion since 2012

Egypt secures $345 million for train project from Jeddah-based IsDB

The project is expected to benefit 25 million people annually and decrease carbon emissions by approximately 250,000 tons annually

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