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03 November 06:05 AM
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EFG Hermes advises Jahez on $245m majority stake acquisition in Qatar’s Snoonu

Cairo - Mubasher: EFG Hermes, an EFG Holding company, acted as the buy-side advisor to Jahez International Company for Information Systems Technology (Jahez) on its $245 million acquisition of a 76.56% stake in Snoonu Holding Company (Snoonu). The …
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SAL marks 1st international expansion via partnership with TAM Group
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CBE announces T-bills worth EGP 60bn on Sunday
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ADES Holding resumes contracts in Saudi Arabia to meet global demands
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Future Vision pens deal to organize MENATox 2026 World Congress
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Ascom turns profitable in Q1-25; consolidated revenues exceed EGP 944m
Egypt Arab Global Commodities
EGX30
38,082.88 -0.48% -184.92
Volume 1,282,460,099 Turnover 4,495,612,000 No. of Trades: 137,705
135 Down 12 Flat 87 Up
No. of Traded Stocks : 234
Last Update: 2 November 02:29 PM
Latest News
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EFG Hermes advises Jahez on $245m majority stake acquisition in Qatar’s Snoonu Companies Investments
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SAL marks 1st international expansion via partnership with TAM Group Companies Investments
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CBE announces T-bills worth EGP 60bn on Sunday Treasury Bills
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ADES Holding resumes contracts in Saudi Arabia to meet global demands Global Economy
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Future Vision pens deal to organize MENATox 2026 World Congress Companies Investments
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Ascom turns profitable in Q1-25; consolidated revenues exceed EGP 944m Financial Results
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Abu Qir Fertilizers sees 2% higher profits in Q1-25/26 Financial Results
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Zahraa Maadi’s net profits cross EGP 586.5m in 9M-25 Financial Results
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Crédit Agricole Egypt’s stock on verge of ending months-long sideways trend Trading Activities
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Amoc sees 4% higher consolidated profits in Q1-25/26; sales reach EGP 11.2bn Financial Results
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Yousif Al Nefaiei, Deputy Chief Executive at Benefit
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Tamkeen supports Bahrain’s digital transformation via 45 apps – Al Bayat at FinTech Forward Event
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Metin Zavrak, CEO of STC Pay Bahrain,
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Saud Altassan, CEO at EFG Hermes KSA
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EGX gains EGP 450.1bn in 2024 despite currency devaluation Macroeconomics
Wang Hu, the President and Co-Founder of PayerMax
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JANE delegation with NTG's Chairman Al Ballaa
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Ballurh reshapes future F&B retail sector – Founder in interview at Biban24 Global Economy
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Islamic Finance
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Obeikan Glass to launch SAR 430m SAR-denominated Sukuk programs Sukuk and Islamic Finance
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Takween to create SAR 650m Sukuk program Companies Investments
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ANB to redeem $750m Tier 2 capital Sukuk Companies Investments
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Aldar’s AIP raises $290m via green sukuk taps Real estate
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Emirates Islamic offers world's 1st sustainability-linked financing Sukuk of $500m Sukuk and Islamic Finance
Lumena by OMNIYAT
OMNIYAT raises $900m through Sukuk financing Real estate
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Al Rajhi Bank to issue USD Tier 2 social Sukuk Banking and Finance
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Knowledge Economic City obtains SAR 305m Islamic financing from Riyad Bank Banking and Finance
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WSM to issue SAR 500m Sukuk program Sukuk and Islamic Finance
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SAB plans to offer USD-denominated Tier 2 green notes Sukuk and Islamic Finance
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Arab Markets
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EFG Hermes advises Jahez on $245m majority stake acquisition in Qatar’s Snoonu Companies Investments
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SAL marks 1st international expansion via partnership with TAM Group Global Economy
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Elm registers 24% jump in 9M-25 net profits; revenues hit SAR 6.6bn Financial Results
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Americana Restaurants records 15% higher profits in 9M-25 Financial Results
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MEPCO delivers positive financial performance in 9M-25; quarterly profits leap 174% Financial Results
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Arabian Drilling logs 71% lower profits in 9M-25; turns to losses in Q3 Financial Results
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Fourth Milling reports SAR 139m in 9M-25 net profits Financial Results
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Luberef’s net profits hit SAR 745.5m in 9M-25 Financial Results
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Mouwasat records 23% higher net profits in 9M-25 Financial Results
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SABIC’s revenues cross SAR 104.4bn in 9M-25; profits hit SAR 400m in Q3 Financial Results
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International Markets
Tesla jumps, Wall St would rise after Trump statement
S&P 500, Nasdaq rises; Dow falls before Good Friday holiday
Wall St falls on Wednesday with chipmakers leading declines
Tech stocks boost Wall St after certain tariff relief
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