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Media
News
29 MAY 2008

EFG Hermes expands product base with HSBC Bank Egypt second Fund 'Estikrar'

​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.

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18 MAY 2008

EFG Hermes Sponsors Basim Magdy Exhibition

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.

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11 MAY 2008

EFG Hermes partners with KB Asset Management to provide investors in South Korea with access to MENA

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26 APRIL 2008

EFG Hermes separates chairmanship from executive management roles

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.

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19 APRIL 2008

Maridive & Oil Services S.A.E. announces indicative price range for initial public offering

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14 APRIL 2008

EFG Hermes continues regional expansion drive through entrance into Omani market

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08 APRIL 2008

EFG Hermes partners with Gensler in design of regional headquarters

​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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06 APRIL 2008

Al Massy Fund achieves subscription of 152%

Originally launched with a cap of LE100m, the fund has been oversubscribed to the amount of LE152,835,800, taking advantage of EFG Hermes’ regional expertise in Fund management, along with the Principal Bank for Development and Agricultural Credit’s high level of distribution throughout Egypt.

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02 APRIL 2008

EFG Hermes Foundation combats Hepatitis B

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26 MARCH 2008

Preliminary discussion for a possible merge between EFG Hermes and Bank Audi

​Bank Audi SAL announces that it is holding exploratory discussions with EFG Hermes Holdings SAE regarding a possible combination of the two institutions which, if it takes place, may generate significant commercial and financial synergies.

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