During the current political situation in Egypt, EFG Hermes Egypt’s offices remain closed. However, all business functions continue to operate normally from our regional offices in Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, UAE. Once the Egyptian Stock Exchange reopens and internet connectivity services are restored, operations will commence again regularly from Egypt’s Head Office.
In one of Egypt’s most ambitious CSR projects to date, the Foundation oversaw the reconstruction of 450 homes and the introduction of social services and income-generating projects in the village of Ezbet Yacoub.
EFG Hermes, the leading bank in the Arab world announced last week that it has acted as Sell Side Advisor to Orascom Telecom Holding S.A.E (“OTH”) on the announced sale of its 50% stake in Orascom Telecom Tunisia (“Tunisiana”) to Qatar Telecom (“Qtel”) in a transaction worth USD 1.2 billion.
EFG Hermes is pleased to announce that it has won three awards at the Global Investor Middle East 2010 awards. The firm was named Best Broker-Egypt, Best Broker-Kuwait and Asset Manager of the Year at the ceremony.
About 1,000 clients of EFG Hermes Securities Brokerage, the largest brokerage house in the Arab world, gathered in Cairo on Monday, 25 October 2010, for the firm’s first investor event specifically tailored to the needs of individual clients.
EFG Hermes, the Arab world’s leading investment bank, announced that it has successfully closed the initial subscription period for its newest money market fund, the Arab Investment Bank Money Market Fund. Following its launch in late May, the Fund, which is the fifth money market fund under the management of the firm’s asset management division, managed to attract subscription that exceeded its target size, signalling the demand for the product, AIB’s first mutual fund.
For the first time, any Omani investor with a handset can trade from a mobile phone, with EFG Hermes Mobile Trading. The largest brokerage in the Arab world has the same service in Kuwait and Egypt, where the firm is the number-one broker overall.
EFG Hermes, the leading investment bank in the Arab world, took home top honours as it was named Best Brokerage House in the Middle East at the Banker Middle East Industry Awards gala dinner held at Emirates Towers in Dubai. The ceremony brought together more than 330 industry experts.
EFG Hermes, the leading investment bank in the Arab world, together with the London Stock Exchange (LSE) announced today the start of the second annual Saudi Arabia Capital Markets Day, an event that brings together global investors interested in learning how to directly invest in listed Saudi Arabian equities.
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