A number of major milestone were achieved in the quarter, including the receipt of the online trading license in Egypt, the installation of FIX connections to the Cairo and Alexandria Stock Exchange, the launch of …Read full article » Egypt: Monday, November 20 - 2006 @ 08:01
The report examines Qatar’s rapid move towards a diversified economy and its impact on the local banking industry.
“With the economy booming from government-directed investment and the initiation of over $120bn of gas, infrastructure and …Read full article » Qatar: Wednesday, May 21 - 2008 @ 16:22
The event was co-hosted by EFG-Hermes, the leading investment bank in the Arab world.
Around 50 London-based institutional investors, emerging market funds and analysts as well as members of the media had the opportunity to meet …Read full article » Egypt: Saturday, May 23 - 2009 @ 11:32
The $1bn MENA Opportunities Fund is one of the first hedge funds to be launched in the region, with a long-short mandate and the ability to invest a portion of its asset base in unlisted …Read full article » Egypt: Tuesday, September 09 - 2008 @ 13:54
Seif Fikry, Head of UAE Brokerage at EFG-Hermes, said “Institutional volumes have been significant in recent months, and mark a change of behavior on the DFM in particular, where investors are addressing the fundamental value …Read full article » United Arab Emirates: Wednesday, April 04 - 2007 @ 11:42
The announced indicative price range of $3.25 to $3.74 implies a pre money market capitalization of between $740m and $850m.
The Offer will consist of a public offering of shares in Egypt and a private placement …Read full article » Egypt: Saturday, April 19 - 2008 @ 13:18
As one of the leading investment banks in the Arab world and one of the largest emerging markets investment banks globally, EFG Hermes provides access to all the major markets in the region, including EGX, …Read full article » Egypt: Thursday, October 15 - 2009 @ 16:08
With the acquisition, Ten Cate will form a new company called TenCate Thiolon Middle East LLC, which Ten Cate said was expected to generate about $70 million in 2007 sales, and boost Ten Cate’s 2007 …Read full article » United Arab Emirates: Tuesday, February 13 - 2007 @ 09:20
The fund, which will be managed by Hermes Fund Management, is the first Egyptian Islamic fund to invest in shariah compliant companies. All investments of the Fund have to conform with the investment policy and …Read full article » Egypt: Tuesday, October 12 - 2004 @ 14:00
This tranche of the initial public offering of Juhayna — the leading Egyptian producer of milk, dairy products and juices — was priced at EGP4.90 per share.
The news came just 24 hours before the scheduled …Read full article » Egypt: Monday, June 07 - 2010 @ 10:08