EFG Hermes advising on two Egypt IPOs in H1-2018

Egypt’s EFG Hermes says it plans to advise on two initial public offerings (IPOs) through 2018, Mostafa Gad, co-head of EFG Hermes’ investment banking division, said Tuesday.

The IPOs are set for completion in the first half of 2018, and are in the industrial sector, Gad further told Amwal Al Ghad.