EFG Hermes Holdings SAE (HRHO.CA)
18 May 2019
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.
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.
CAIRO, Jan 31 Expectations that Egypt would cut interest rates and improved performance across emerging markets pushed up the country's stocks 4.6 percent this week, with some analysts expecting the trend to continue in coming weeks.
CAIRO, Jan 14 Egypt's CI Capital and Renaissance Capital will manage the sale of a stake in state-owned Abu Qir Fertilizers, a government official said on Monday.
Jan 14 Egypt's CI Capital and Renaissance Capital will manage the sale of an additional stake in state-owned Abu Qir Fertilizers, a government official said on Monday.
DUBAI/RIYADH Saudi Arabian banks are expected to reach a deal with Islamic tax authorities before the end of the year to resolve a dispute over increased liabilities, banking sources say.
Dec 10 Egypt's blue-chip index rose on Monday for its biggest one-day gain in two years, after the country's annual inflation dipped. Real estate continued to weigh on Dubai.
CAIRO, Dec 3 Egypt's EFG Hermes will expand its debt restructuring and securitisation activities next year, the co-head of its investment banking division said.
CAIRO, Dec 3 Egypt's EFG Hermes investment bank is acting as an advisor on four merger and acquisition deals expected in the first half of 2019, Hermes investment banking co-head Mostafa Gad said.
CAIRO, Nov 26 Egypt's EFG Hermes is considering expanding into the insurance and mortgage sectors after obtaining regulatory approval, the investment bank's CEO said.