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EFG Hermes, Egypt’s first universal bank, has signed a sale and leaseback agreement amounting to EGP750 million ($57.6 million) with real estate development firm Madinet Nasr for Housing and Development (MNHD).

This is now a universal bank in Egypt with a market leading investment banking platform

HUNSTEIN STAY DENIED!: Court Refuses to Stay Hunstein Case Pending En Banc Determination–Withholding of Mandate Immaterial Thursday, July 8, 2021 So a number of folks have recently discussed the fact that the mandate in  Hunstein was withheld, as if it was some sort of indicator that the Eleventh Circuit was likely to grant  en banc review. While I am on record predicting that the Eleventh Circuit WILL grant a rehearing, the fact that the mandate was withheld does not necessaril...

  Cofounded by Adel Boseli, Mahmoud S. Hassan, and Raja Debnath, a team of previous IFC and World Bank Group experts that has a solid track record in supply chain finance, fintech, MSMEs access to finance and financial inclusion, technology, direct and private equity investments in addition to banking. The team is also backed by Dr. Shehab Marzban from Camel Ventures.     About EFG Hermes With a current footprint spanning thirteen countries across four continents, EFG Hermes started in Egypt...