
EFG Hermes considers entering insurance sector
Company focuses on enhancing its market share in Africa
Company focuses on enhancing its market share in Africa
2017 will be a year of changes and surprises, requires adaptations, say CEOs
EFG Hermes, a financial services corporation in the Middle East and North Africa (MENA) region, announced on Tuesday the accelerated expansion of its frontier markets. “EFG Hermes announces the expansion of our division serving global frontier markets with a particular focus on securities brokerage investment banking and research”, said EFG Hermes Group CEO Karim Awad. …
Awad pointed to the demand for hedging in the region, highlighting the existence of preliminary proposals run by the company
Investment bank’s unconsolidated financial statements show that losses have fallen by 38.8%
Awad explained that this is the first time in which non-registered companies will participate in company activities following the return of the tender market at the local and regional level.
Food industry likely to be the first to have an IPO, says Karim Awad
EFG-Hermes announced Wednesday that it appointed investment bank HC Securities and Investment as financial adviser to deal