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EFG Hermes Holdings SAE (HRHO.CA)

HRHO.CA on The Egyptian Exchange

16.50EGP
16 Jun 2019
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Wed, May 15 2019

DAMAC's first-quarter profits drop 94% as Dubai property market slumps

DUBAI, May 15 Dubai's DAMAC Properties , the owner and operator of the only Trump-branded golf club in the Middle East, reported a 94% annual drop in first-quarter net profit, pressured by a slump in the emirate's property market.

EFG Hermes advising on $500 million M&A deal in Saudi Arabia, more in pipeline: executive

DUBAI Egypt's EFG Hermes is working on a $500 million merger and acquisition in Saudi Arabia and expects more deals to come out of the kingdom this year, especially from the private sector, its head of investment banking told Reuters.

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