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EGX aims to increase youth investors percentage, currently standing at 30-35%: EGX chairperson

The Egyptian Exchange (EGX) is targeting the younger generation to raise awareness, as currently, only 30-35% of them are investors. In order to increase this percentage, the EGX will introduce incremental savings approach to attract them an approach implemented in many capital markets for long-term investments, said Mohamed Farid, chairperson of the EGX. Farid statements …

Daily News Egypt

EFG Hermes concludes advisory role for GBP 125mn IPO on London Stock Exchange

EFG Hermes, a leading financial services corporation in frontier and emerging markets (FEM), concluded its advisory role to international microfinance lender ASA International (ASAI) on its GBP 125m initial public offering (IPO) on the London Stock Exchange (LSE). With a 12-country footprint spanning Asia and Africa, ASAI is one of the world’s largest private-sector microfinance …

Daily News Egypt