10 MAY 2011
EFG Hermes Oman Receives the EJADA Award for 2010 from Muscat Securities Market
EJADA award a testament to EFG Hermes’ vision and strong regional expansion strategy
EFG Hermes, the leading Arab investment bank, is pleased to announce that EFG Hermes Oman has received the EJADA Award from Muscat Securities Market for 2010. EJADA, considered one of the top achievements in the Omani market, was awarded to EFG
Hermes Oman for exceptional customer service performance, attraction of foreign investment in Muscat Securities Market and for distinction in online and mobile trading services. The EJADA Award serves as yet another testament to EFG Hermes’ strong regional expansion strategy in recent years, which includes a strong regional presence.
The Firm entered the Omani market in 2008 with its acquisition of Vision Securities, quickly becoming one of the country’s top brokerage houses. At the close of 2010, EFG Hermes Securities Brokerage was third-ranked in Oman, with a total of 21 percent of market executions.