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.
EFG Hermes, the leading investment bank in the Arab world, announced today that it has acted as sole buy-side advisor to top Egyptian real estate developer, Sixth of October Development & Investment Company (“SODIC”) on its acquisition of a 50% stake in Syria’s Palmyra Real Estate Development Company (“Palmyra”), a USD 40.5 million transaction.
The public subscription period for shares in the first Egyptian IPO in more than two years will run from Monday, 7 June 2010 through Thursday, 10 June 2010
Sharm El-Sheikh, Egypt — EFG Hermes, the leading investment bank in the Arab world, announced today the start of its eighth annual One-on-One investor conference, the largest gathering of its kind in the region and the largest One-on-One on record. The four-day event, which is taking place between 8-11 March in Sharm El-Sheikh, will provide 259 global and regional institutional investors with exclusive access to C-suite executives from 61 of the region’s most intriguing publicly traded companies.
Damascus — EFG Hermes, the leading investment bank in the Arab world, will enter the Syrian market with the opening of its full fledged office in the Syrian Arab Republic and the simultaneous launch of a new private equity fund that targets investments in the untapped Syrian market.
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