EFG-Hermes Executes 15 Investment Transactions In Egypt, UAE, Saudi Arabia

Karim Awad, CEO of Regional Investment Bank at EFG-Hermes Group (HRHO.CA), revealed that the group is currently executing 15 investment transactions, including acquisitions, mergers  and private offerings, in Egypt, UAE and Saudi Arabia.

Karim told Al-Shark Al-Awsat newspaper that, the company is very optimistic about Gulf markets in the current period, focusing on it and seeks penetration in it, especially Saudi, Qatari and UAE markets.

He pointed out that, the company is optimistic about Egypt’s economic future on both medium and long term.