UPDATE 1-EFG Hermes eyes start-ups after AIB deal, CEO says
By Vikash in Business
Updated 3 years ago
CAIRO, May 23 (Reuters) - Egyptian investment bank EFG Hermes Holding is targeting minority stakes in start-ups after its acquisition of a majority stake in state-owned Arab Investment Bank (AIB), its chief executive said on Sunday. The acquisition of the 51% stake, approved by the cabinet on Wednesday, will be...