Fatma Salah

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Latest by Fatma Salah


EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), revenues grew by 20% year-over-year (Y-o-Y) to EGP 1.6bn in the second quarter of 2021 (2Q21).

EEP to acquire campus in Sheikh Zayed

The sources added that the new campus will host a new branch of the EEP’s recently acquired Hayah International Academy, under the name ‘Hayah West’ and will mark Hayah’s first expansion in west Cairo. The new school will house more than 1,700 students.

Fatma Salah

A general view of the Egyptian Exchange (EGX) in Cairo August 18, 2013. Egypt's stock market fell sharply on Sunday as it resumed trading after hundreds of people were killed in a crackdown by the army-backed government on supporters of the Muslim Brotherhood. Banks and the stock market reopened for the first time since Wednesday's carnage, with shares rapidly falling 2.5 percent.

EGX main winner of US dollar appreciation

Research from Prime Securities said that banks are on top of the list of stocks to benefit from higher interest rates and treasury yields given the robust loan portfolio growth driven by USD-denominated loans.

Fatma Salah

Palm Hills

Palm Hills to introduce EGP 3.2bn sukuk programme within 2 weeks

Informed sources revealed that Palm Hills Development is preparing to launch a financing sukuk programme of EGP 3.2bn within two weeks, pointing out that the Financial Regulatory Authority (FRA) is studying the file now and the necessary approvals are being obtained to launch the issuance.

Fatma Salah