Cairo, Egypt — EFG Hermes, the leading investment bank in the Arab world, is giving institutional investors unique access to the Iraq Stock Exchange (ISX) through EFG Hermes Abwab, the first swap product in Iraq.
The leading investment bank in the Arab world has been named the best brokerage house in Kuwait in Emea Finance’s 2011 Middle East Banking Awards. This award comes as the firm closed the year as the best broker for the second year in a row, and follows a string of other recognitions which the firm has received
Euromoney names EFG Hermes’ Research Division the “Best Overall Research House” in the Middle East with number one rankings in eight of the 14 considered business sectors
The largest brokerage house in the Arab world maintains rankings across markets in the nine months ending September 2011 according to recently released market statistics
The firm was named “African Investment Bank of the Year” at the annual African Banker awards held 23 September 2011 in Washington, DC. EFG Hermes is the first investment bank based in Egypt and the Arab world to win the prestigious accolade.
The Arab world’s leading investment bank was sole sell-side advisor to Paradise Capital in the sale of its 52% stake in leading Egyptian white-goods maker Olympic Group to Sweden’s Electrolux, Europe’s largest manufacturer of household appliances.
EFG Hermes Asset Management, the leading asset manager in the Arab world, has recently won three industry awards recognizing its performance in 2010, taking home MENA Fund Manager magazine’s awards for Money Market Fund of the Year (Credit Agricole III), Balanced Fund of the Year (Al Massy Fund), and Egypt Asset Manager of the Year
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