EFG Hermes has been ranked the top research house in the region in global business magazine Euromoney’s Second Annual Middle East Equity Research Poll. This is the second year the firm’s research department has topped the Euromoney survey.
EFG Hermes announces the recent addition of three senior executives from Goldman Sachs to the leadership team of its private equity business. These additions underline the importance of private equity as one of EFG Hermes’ core growth engines moving forward. The newly appointed team members are Hazem Shawki, Kashif Siddiqui and Walid Zein, all joining EFG Hermes Private Equity as Managing Partners based out of Dubai and Cairo. The three executives bring with them a wealth of regional and international experience from their tenure at Goldman Sachs.
EFG Hermes is the “Best Equity House in Egypt” according to top global business magazine Euromoney. The magazine made the announcement at the Euromoney Awards for Excellence 2008 Middle East Dinner in Dubai on June 11, 2008.
EFG Hermes has continued to build upon its existing range of products by launching the HSBC Bank Egypt second Fund, introducing an innovative fund structure into the Egyptian market. The Fund launch was a result of the successful partnership between EFG Hermes and HSBC Bank Egypt a multinational leading bank in the market and a member of the HSBC Group.
EFG Hermes announced today its sponsorship of "Bassim Magdy Art Exhibition," that took place on May 5th at Town House Gallery, Cairo Egypt. The Firm announced it is proud and pleased to be linked to "young and established Egyptian talents." Believing that creativity is a hallmark of its corporate culture, the Firm's sponsorship of the event also comes in the light of its longstanding support for arts and culture across the region, since it has been keen to support many cultural events and art exhibitions in the countries where its clients and employees exist.
EFG Hermes, following the conclusion of its General Assembly, has announced that Ms. Mona Zulficar, the renowned lawyer and member of the Board of Governors of the Human Rights Counsel to the United Nations, has been appointed non-Executive Chairman to the Board.
Driven in part by the continued growth of the firm across the region, which has seen expansion into the UAE, Saudi Arabia and Qatar over the last three years, the new building – which is being developed within Smart Village in Cairo – will have a 4000sq/m footprint and the capacity to hold approximately 900 of the group’s staff.
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