• Sunday, 3 July 2022

    EFG Hermes again tops the EGX brokerage league table in June

    EFG Hermes once again topped the EGX’s brokerage league table in June, with a market share of 24.9%, according to figures from the EGX (pdf). Rounding out the top five were Arabeya Online Securities Brokerage (6.8%), CI Capital (6.0%), Naeem...
  • Monday, 23 May 2022

    PIF eyes United Bank amid state privatization push

    The Saudi sovereign wealth fund is considering making a bid to acquire United Bank, Hapi Journal reported yesterday, citing sources it claims have knowledge of the transaction. The Public Investment Fund’s play for UB comes amid a backdrop of an...
  • Tuesday, 10 May 2022

    CI Capital appoints new CEO of brokerage arm + Abu Qir Fertilizers appoints Alpha Oryx reps to BoD

    CI Capital has named Chahir Hosni (LinkedIn) the CEO and managing director of its brokerage business, it said in a press release (pdf). Hosni joins the firm from Saudi Arabia’s Al Rajhi Capital, where he headed the brokerage since 2018....
  • Sunday, 8 May 2022

    CI Capital dethrones EFG Hermes to top the EGX brokerage league table

    CI Capital topped the EGX’s brokerage league table in April, with a market share of 43.9%, according to figures from the EGX (pdf), marking the first time in months that EFG Hermes has been pipped to the top spot. Rounding...
  • Thursday, 24 March 2022

    CI Capital net income up 44% in 4Q 2021

    CI Capital’s net income rose 44% y-o-y to EGP 269 mn in 4Q 2021, according to the company’s earnings release (pdf). Consolidated revenues rose 20% during the October-December period to EGP 923 mn, with net interest income rising 9% to...
  • Thursday, 24 March 2022

    ADQ is buying … a lot

    Abu Dhabi wealth fund ADQ is acquiring state-held stakes in Abu Qir Fertilizers, Mopco, and Alexandria Container & Cargo Handling, Bloomberg reports, citing a source it says has knowledge of the matter. Bloomberg’s source did not disclose further details on...
  • Wednesday, 2 March 2022

    EFG Hermes again tops EGX brokerage league table

    EFG Hermes topped the EGX’s brokerage league table once again in February, with a market share of 25.1%, according to figures from the EGX (pdf). Rounding out the top five were CI Capital (9.5%), Arqaam (4.4%), Mubasher (4%), and Naeem...
  • Wednesday, 2 March 2022

    CI Capital lands mandate to IPO (parts of) the new capital

    WATCH THIS SPACE- New capital company taps CI Capital to advise on planned IPO of subsidiaries: State-owned Administrative Capital for Urban Development (ACUD) is moving forward with plans to list its subsidiaries on the EGX and has hired CI Capital...
  • Wednesday, 2 February 2022

    EFG Hermes tops EGX brokerage league table in January — yet again

    EFG Hermes topped the EGX’s brokerage league table once again in January, with a market share of 46%, according to figures from the EGX (pdf). Rounding out the top five were CI Capital (5.1%), Arqaam (4%), Beltone (3.4%) and Mubasher...

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