Construction & Real Estate

Egypt's Palm Hills Developments, EFG Hermes close E£2bn securitised bond

Leading Egyptian real estate developer Palm Hills Developments (PHD) has joined hands with top investment bank EFG Hermes for the successful closing of an E£2.015 billion securitised bond issuance. The transaction represents the first issuance under PHD’s newly approved E£30 billion securitization program. ...

Construction & Real Estate

EFG Hermes plays key role in Depa's $179m Nasdaq Dubai rights issue

EFG Hermes, a leading investment bank in the Mena region, has announced that it has played a key advisory role in the AED658 million ( ) rights issue of Depa, an interior solutions group based in Dubai, as the financial advisor and bookrunner for its listing on Nasdaq Dubai. ...