- EFG Holding plans multiple regional listings in H2 2025, with timing based on surrounding market conditions.
- EFG’s upcoming listings will target new sectors, aiming to deliver fresh value and attract foreign investment to Egypt.
- Valu, an EFG subsidiary, awaits Central Bank of Jordan approval to begin operations and SME financing services in the Kingdom.
EFG
EFG Holding, a leading financial institution, is preparing for listings in the regional markets during the second half of the year.
In an interview with Asharq Business, EFG Holding’s CEO Karim Awad, acknowledged the ongoing geopolitical tension. However, he further stated that EFG has just closed the IPO for SMC in Saudi Arabia. Furthermore, he states that he sees this step as a sign that EFG is able to close listings even in the midst of troubled times.
He also affirms that EFG has a large upcoming pipeline for listings in the Arab region and Egypt. Additionally, he states that this is planned for the second half of the year with times to be determined based on the surrounding conditions.
He also notes that upcoming listings will be in new sectors that the company believes will bring new value to the market. Additionally, he notes that if these succeed in securing good valuations, they could possibly attract foreign investors to the Egyptian market.
Valu
U Consumer Finance S.A.E., known under the trademark Valu, a subsidiary of EFG Holding, is preparing for entry into Jordan. The fintech is awaiting approval from the Central Bank of Jordan to obtain a license allowing it to begin operations. This will also allow them to provide financial services to SMEs in Jordan.
In an interview with Asharq Business, CEO of Valu Walid Hassouna, states that EFG is awaiting approval from Egypt’s Financial Regulatory Authority (FRA) to expand into SME financing in the Egyptian market. Furthermore, he states that in the upcoming period there will be an expansion in services for SMEs.
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