Dubai Taxi Company makes good first impression on DFM - stock up 17% in 5 minutes
After record subscription, Dubai entity's stock opens 17% up
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After record subscription, Dubai entity's stock opens 17% up
Taqa Arabia, the full-service energy and utility provider in Egypt, has announced the start of trading of the group's shares on The Egyptian Exchange (EGX).
The Middle East Ratings and Investor Services (MERIS) affirmed the national scale long-term senior unsecured entity rating at "BBB+" with a Stable Outlook and the short-term senior unsecured issuer rating of “P2” to HSB. The 12-month bullet note will carry a fixed rate coupon paid at the end of the bond, with proceeds aimed at diversifying HSB’s funding sources.
EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announced today that its investment banking division has successfully closed the issuance of a senior unsecured short-term note for the Hermes Securities Brokerage Company (HSB) — a wholly owned subsidiary of EFG Hermes Holding — in a transaction worth EGP 250 million. This marks the fourth issuance for HSB a
A wholly owned subsidiary of EFG Hermes Holding - in a transaction worth EGP 250 million. This marks the fourth issuance for HSB and the first in a newly approved two-year program worth EGP 2 billion.... | April 11, 2023