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Cairo, September 4, 2024
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) region, proudly announces its Research division’s strong performance in the 2024 Emerging EMEA Extel (formerly Institutional Investor Research) Survey rankings. The firm’s Research division and analysts have secured top positions across key sectors, reinforcing their authority and deep expertise in the region.
In the highly competitive analyst rankings, EFG Hermes has once again demonstrated its leadership with Hatem Alaa, Managing Director, Deputy Head of Research, and Head of Consumer Research, being ranked as the #1 analyst in the Consumer sector. Hatem also ranked as runner-up in MENA Research as well as the Transportation sector. Similarly, Ahmed Hazem Maher, Director of MENA Industrials Research, has been recognized as the #1 analyst in the Utilities sector and secured the #3 position in the Transportation sector. Additionally, Ahmed Moataz, Associate Director of Healthcare Research, has been recognized as runner-up in the Healthcare & Pharmaceuticals sector.
EFG Hermes’ firm rankings in the survey further underscore the company’s comprehensive research capabilities and commitment to delivering exceptional value to its clients. The firm achieved runner-up positions in MENA research and the Utilities research sector.
Ahmed Shams El Din, Managing Director, Head of Research of EFG Hermes, an EFG Holding Company, commented, “These rankings speak volumes about the relentless dedication and expertise of our research team. This recognition is not just a reflection of individual excellence but of the collaborative spirit that defines EFG Hermes. We are committed to continuing this tradition of excellence, ensuring that our clients have access to the most accurate, timely, and strategic insights available in the market.”
The success of EFG Hermes will be celebrated at the upcoming Extel Europe & Emerging EMEA Equities Awards Dinner & Ceremony in London on the 19th of September. This comes after EFG Hermes’ Research division was recognized two years in a row by the Saudi Exchange as the Research House of the Year 2023 and Research House of the Year 2022 at the Saudi Capital Market Awards.
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About EFG Holding:
EFG Holding (EGX: HRHO.CA – LSE: EFGD) is a trailblazing financial institution that boasts a remarkable 40-year legacy of success in eight countries spanning two continents. Operating within three distinct verticals — the Investment Bank (EFG Hermes), Non-Bank Financial Institutions (NBFI) (EFG Finance), and Commercial Bank (aiBANK) — the company provides a comprehensive range of groundbreaking financial products and services tailored to meet the needs of a diverse clientele, including individual clients and businesses of all sizes.
EFG Hermes, the leading investment bank in the Middle East and North Africa (MENA), offers an extensive array of financial services, encompassing advisory, asset management, securities brokerage, research, and private equity. In its domestic market, EFG Holding serves as a universal bank, with EFG Finance emerging as the fastest-growing NBFI platform, comprising Tanmeyah, a leading provider of financial services in Egypt with a concerted focus on the micro and small enterprise segments, EFG Corp-Solutions, which provides leasing and factoring services, Valu, a versatile financial technology powerhouse, PayTabs Egypt, a digital payment platform, as well as Bedaya for mortgage finance and Kaf for insurance and Fatura, a technology-backed B2B marketplace. Furthermore, the company delivers commercial banking solutions through aiBANK, a leading provider of integrated retail, corporate, and Islamic banking products in Egypt.
Proudly present in: Egypt | United Arab Emirates | Saudi Arabia | Kuwait | Bahrain | Pakistan | Kenya | Nigeria |
Learn more about us at www.efghldg.com
For further information, please contact:
May El Gammal
Group Chief Marketing & Communications Officer of EFG Holding
melgammal@efghldg.com
Omar Salama
Senior Communications Manager of EFG Holding
osalama@efghldg.com
The EFG Holding Public Relations Team
PublicRelations@efghldg.com
Note on Forward-Looking Statements
In this press release, EFG Holding may make forward-looking statements, including, for example, statements about management’s expectations, strategic objectives, growth opportunities, and business prospects. These forward-looking statements are not historical facts but instead represent only EFG Holding’s belief regarding future events, many of which, by their nature, are inherently uncertain and are beyond management’s control and include, among others, financial market volatility; actions and initiatives taken by current and potential competitors; general economic conditions and the effect of current, pending, and future legislation, regulations and regulatory actions. Accordingly, the readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made.
About Extel:
Formerly known as Institutional Investor Research (II Research), Extel has produced highly respected proprietary research and rankings on buy-side and sell-side research, hedge funds, corporates, fixed income, and asset management for over 50 years. These rankings are the industry's benchmark for excellence across Asia, Europe, Japan, Latin America, and the U.S. Top-line results are published at www.iiresearch.com and can be supplemented with deeper, more comprehensive data and analysis in commercial reports.
Website: www.extelinsights.com