Middle East Daily
    Hot News
    Business

    STEM Best Practice Summit and Awards 2024: Celebrating Excellence in STEM Education

    Lifestyle

    Dxberience Introduces Premium Luxury Concierge Services Across the UAE

    Business

    Dubai Awards Three Winners from India and Austria at first of its kind ‘Global Prompt Engineering Championship’

    Important Pages:
    • Privacy Policy
    • Terms & Conditions
    Facebook Twitter Instagram Pinterest
    • Privacy Policy
    • Terms & Conditions
    Wednesday, October 8
    Facebook Twitter
    Middle East Daily
    • Home
    • News

      Faraday Future Exhibits at WETEX 2025 and Announces FX SuperOne Final Launch on October 28 in Dubai

      Al Jalila Foundation supports 60 organ transplant patients through “Your Donation Saves Lives” campaign

      Legends Charity Game in Lisbon to raise millions for charity

      ECAE hosts third edition of the Universities Collaboration Forum

      J-PAL MENA AT AUC CELEBRATES FIVE YEARS OF EVIDENCE POLICYMAKING IN THE MIDDLE EAST AND NORTH AFRICA

    • Business

      Dar Global announces start of handover of world’s first Pagani-branded residences in Dubai

      Emirates’ latest services and enhancements for customers with accessibility requirements

      EMMA Systems secures seed funding from Plus VC to drive next-generation aviation technology

      Moro Hub Awards Green Certificate to united Arab Bank for its commitment to sustainable IT practices

      Hospinorm Brings Etiometry’s FDA-Cleared AI Technology to Transform Critical Care in the UAE

    • Technology

      Faraday Future Exhibits at WETEX 2025 and Announces FX SuperOne Final Launch on October 28 in Dubai

      FootAR Showcased Augmented Reality at the SBC Summit Lisbon 2025

      Yango Group introduces the bilingual AI assistant Yasmina in Oman

      Sony’s New NFL Coach’s Headsets are Set to Debut on the Sidelines for 2025 Season

      Player Protection in the Spotlight at SBC Summit 2025

    • Lifestyle

      Emirates’ latest services and enhancements for customers with accessibility requirements

      Dubai’s rise as the global capital of branded residences: Documented by Provident

      Joel Corry and Imanbek to headline star-studded SBC Summit Opening Party

      Ultra comfort, from sleep to workout: Samsung Galaxy Watch8 Series now available for UAE pre-orders

      Yango Launches Enhanced Commuting Experience in Abu Dhabi and Sharjah with Transport Service

    Breaking News:
    • Dar Global announces start of handover of world’s first Pagani-branded residences in Dubai
    • Emirates’ latest services and enhancements for customers with accessibility requirements
    • EMMA Systems secures seed funding from Plus VC to drive next-generation aviation technology
    • Moro Hub Awards Green Certificate to united Arab Bank for its commitment to sustainable IT practices
    • Hospinorm Brings Etiometry’s FDA-Cleared AI Technology to Transform Critical Care in the UAE
    • AGMC serves as sustainable transportation partner at WGES 2025
    • Sriwijaya Capital and BlueFive Capital announce strategic alliance
    • Nakheel awards AED 169mln infrastructure contract to support Bay Villas development at Dubai Islands
    Middle East Daily
    Home » EFG Hermes successfully concludes advisory on Valu’s landmark EGX listing
    Business

    EFG Hermes successfully concludes advisory on Valu’s landmark EGX listing

    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp

    Cairo: EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking team has successfully concluded advisory on the listing of Valu and its commencement of trading on the Egyptian Exchange (EGX), under the ticker valu, yesterday.

    Valu’s listing and trading on the EGX was executed through an innovative in-kind dividend distribution, where EFG Holding distributed 20.488% of Valu’s share capital to its shareholders, as of the record date, June 12th, 2025, enabling EFG Holding shareholders to directly participate in the growth of one of Egypt’s fastest growing fintech platforms. On its debut, Amazon acquired shares representing a 3.95% direct shareholding in Valu for a price per share of EGP 6.041 and the share price witnessed a remarkably positive performance closing at EGP7.4 per share. EFG Finance Holding (EFG Finance), a subsidiary of EFG Holding, will continue to own 67% of Valu post trading and sale of shares to Amazon.

    Maged El Ayouti, Co-Head of Investment Banking at EFG Hermes, remarked, “Valu’s successful debut on the Egyptian Exchange coupled with an investment by global technology heavyweight, Amazon, in Valu is a proud and defining milestone for EFG Hermes. As one of the most recognized and trusted household fintech brands in Egypt, Valu has built a loyal customer base and a resilient, scalable platform for sustainable growth. We are confident in Valu’s ability to continue delivering exceptional value to customers and shareholders alike and in Valu having a successful journey as a leading listed company on the Egyptian Exchange. We believe this landmark transaction shall serve as a positive catalyst for the revival of activity on the stock exchange.”

    Valu’s successful listing and debut on the EGX marks not only a milestone for Egypt’s fintech sector but also a testament to EFG Hermes’ leadership in driving innovation and unlocking value in the region’s capital markets. As the investment bank behind this landmark transaction, EFG Hermes continues to play a pivotal role in bringing dynamic, high-growth companies like Valu to the public market. Valu’s scalable, customer-centric business model and focus on financial inclusion underscore EFG Hermes’ commitment to advancing transformative ventures that shape the future of Egypt’s financial ecosystem.

    EFG Hermes acted as the sole financial advisor for EFG Holding and Valu in the listing and the transaction with Amazon.

    About EFG Holding

    EFG Holding (EGX: HRHO.CA – LSE: EFGD) is a financial institution that boasts a remarkable 40-year legacy of success in seven countries spanning two continents. Operating within three distinct verticals — the Investment Bank (EFG Hermes), Non-Bank Financial Institutions (NBFI) (EFG Finance), and Commercial Bank (Bank NXT) — the company provides a comprehensive range of groundbreaking financial products and services tailored to meet the needs of a diverse clientele, including individual clients and businesses of all sizes.

    EFG Hermes, the leading investment bank in the Middle East and North Africa (MENA), offers extensive financial services, encompassing advisory, asset management, securities brokerage, research, and private equity. In its domestic market, EFG Holding serves as a universal bank, with EFG Finance emerging as the fastest-growing NBFI platform, comprising Tanmeyah, a provider of innovative and integrated financial solutions for small business owners and entrepreneurs, EFG Corp-Solutions, which provides leasing and factoring services, Valu, a universal financial technology powerhouse, Bedaya for mortgage finance, Kaf for insurance, and EFG Finance SMEs, which provides financial services for small and medium enterprises. Furthermore, the company delivers commercial banking solutions through Bank NXT, an integrated retail and corporate banking product provider in Egypt. 

    Proudly present in: Egypt | United Arab Emirates | Saudi Arabia | Kuwait | Bahrain | Kenya | Nigeria

    Learn more about us at www.efghldg.com

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp

    Related Posts

    Business

    Dar Global announces start of handover of world’s first Pagani-branded residences in Dubai

    Business

    Emirates’ latest services and enhancements for customers with accessibility requirements

    Business

    EMMA Systems secures seed funding from Plus VC to drive next-generation aviation technology

    Business

    Moro Hub Awards Green Certificate to united Arab Bank for its commitment to sustainable IT practices

    Business

    Hospinorm Brings Etiometry’s FDA-Cleared AI Technology to Transform Critical Care in the UAE

    Business

    AGMC serves as sustainable transportation partner at WGES 2025

    Business

    Sriwijaya Capital and BlueFive Capital announce strategic alliance

    Business

    Nakheel awards AED 169mln infrastructure contract to support Bay Villas development at Dubai Islands

    Follow Us
    • Facebook
    • Twitter
    Top Posts
    Business

    Engel & Völkers Middle East and Phillips in association with Bacs & Russo unite for landmark Horological Event in Dubai

    Dubai, UAE – Engel & Völkers Middle East and Phillips in association with Bacs & Russo…

    Business

    FROM DUBAI TO CAIRO, JDPGLOBAL.COM EYES INVESTMENT IN EGYPTIAN STARTUPS

    *Leading investment firm JDP Global (JustPark.com, Adzuna, TheCarPeople, UKmedix.com) announces its entry into Egypt, hoping…

    Business

    Drive Now, Pay Later: Shory and Wio Bank unveil embedded car insurance with monthly installments

    Abu Dhabi on August: Shory, the UAE’s leading digital insurance platform, is proud to announce a…

    Lifestyle

    Switch’s E-Scooters Open a New Chapter of Mobility Solutions

    Hard times require robust solutions that make life easier, so why not having a better…

    Business

    CyberSec Announces Exciting Expansion into the Middle East, Bridging the Cybersecurity Talent Gap

    CyberSec, a pioneering cybersecurity consultancy, is thrilled to announce its expansion into the Middle East,…

    Welcome to Middle East Daily, your daily dose of news and insights from the heart of the Middle East. Explore the latest headlines, delve into thought-provoking analysis, and engage with stories that define our region's narrative.

    Facebook Twitter
    Categories
    • Business (404)
    • Lifestyle (125)
    • News (131)
    • Technology (91)
    Top Insights
    Business

    Jumbo Electronics Ltd. Celebrates 50 Years in the UAE with Revamped Stores and Exclusive Offers

    Business

    Strategic Gears and Oxford Business Group Partner to Advance Economic Insight Supporting Saudi Vision 2030

    © 2025 Middle East Daily.
    • Home
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.