EFG Hermes records net profit of EGP345m in Q1 2022
EFG Hermes Holding announced a robust performance in Q1 2022, with revenues for the first quarter of the year…
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Karim Awad
Egypt’s EFG Hermes Q2 revenues climbs 20% y-o-y
Egypt’s EFG Hermes reported on Wednesday a 20 percent year-on-year growth in revenues for the second quarter of the…
EFG Hermes’ Karim Awad named among Forbes Middle East’s Top 100 CEOs list
Forbes Middle East has released its first annual "Top CEOs in the Middle East" ranking; the list has included EFG…
INTERVIEW: Egypt’s EFG Hermes mulls move into insurance, mortgage sectors
Egyptian investment bank EFG Hermes is considering expanding into the insurance and mortgage sectors after…
EFG-Hermes sees start of factoring services in Q1 2018 – CEO
Egyptian investment bank EFG-Hermes expects to commence offering factoring services in the first quarter of 2018 as…
EFG Hermes Q1 net profit 201% up on recovery in regional markets
Egyptian investment bank EFG Hermes reported Monday a 201 percent rise in first quarter net profit after tax and…
EFG Hermes partners with Saxo Bank to launch multi-asset trading
Egypt-based investment bank EFG Hermes announced Wednesday signing a strategic partnership agreement with Danish…
EFG Hermes seeing foreign interest in Egyptian t-bills: CEO
Egypt-based investment bank EFG Hermes is seeing foreign interest in Egyptian treasury bills, Chief Executive Karim…
EFG-Hermes Q3 revenues climb 28%
Egyptian investment bank EFG-Hermes registered a 25 percent year-on-year rise in revenues to reach 294 million…
6th EFG-Hermes MENA Conference kicks off in London
The 6th EFG-Hermes London MENA and Frontier Conference begins on Monday, bringing together a cross-section of the…
EFG Hermes reports profits of EGP 48 mn during 2Q2016
EFG Hermes, the Arab world’s leading financial services corporation, reported today group earnings from continuing…
EFG-Hermes: AUMs hit $2.4 billion in Q1
Egypt’s EFG-Hermes, one of the largest investment banks in the Middle East, has recorded first quarter assets under…
AmCham: Egypt real estate sector shows promising growth opportunities
Egypt’s real estate sector offers promising growth opportunities owing to the rise in demand for housing units and…
EFG-Hermes: net profits 38% up in Q2-2015
Despite very challenging market conditions, EFG Hermes continues to deliver strong financial results, with net…
EFG-Hermes launches Subsidiary to offer Leasing Services
Egypt's EFG-Hermes, one of the largest investment banks in the Middle East, announced Sunday that it had launched…
EFG-Hermes concludes $290 million Egyptian Medical Group IDH’s London Offering
EFG Hermes, the Arab world’s leading investment bank, announced it concluded today its successful advisory on…
Arab Pledges at Sharm El-Sheikh Conference will spur Egypt’s Economic Growth
The success made in Egypt’s latest investment conference has exceeded all the expectations and will help initiate a…
EFG-Hermes eyes Egypt Renewable Investments, Leasing Business -CEO
Egyptian investment bank EFG Hermes is studying investments in renewable energy and hopes to start a leasing…
EFG-Hermes Acquires 49% Stake in EDPR France in $208 million Deal
Egypt’s leading investment bank EFG-Hermes Holding announced Wednesday that its private equity arm has signed a…
Egyptian’s EFG-Hermes Restarts Hiring as Crisis Fades
EFG-Hermes Holding SAE, the Arab world’s biggest investment bank, has started hiring across all its departments as…
Egypt National Elections Offer Hope: EFG Hermes Co-Head
The co-chief executive of EFG Hermes told CNBC that Egypt was undergoing political rejuvenation, meaning it had a…
Egyptian Banks See More IPOs Following Arabian Cement Share Sale
Egyptian investment banks expect at least two companies to sell shares to the public in the next 12 months after…
Egypt’s First IPO Event Starts May 6, Eyes Investor Confidence Return
Under the patronage of Prime Minister Ibrahim Mahlab, Egyptian stock exchange is holding next Tuesday, May 6th its…
Egypt Shares Gain EGP3 billion in Week, EGX30 Ups 2.4%
Egypt’s stock market attained gains totalling 3 billion pounds in a week which witnessed chief army’s initiative to…
EFG-Hermes: Egypt Will Continue to be Crucial Market for Worldwide Investors
Egypt will continue to be a very crucial market for the Arab and foreign investors, despite the unclear yet main…
EFG-Hermes Has ‘Robust’ Egypt IPO Pipeline amid Market Rally
EFG-Hermes Holding SAE (HRHO.CA), the biggest publicly traded Arab investment bank, has a “robust” pipeline for…
Egypt’s EFG-Hermes Seeks More Investment Banking Revenue from Abroad
EFG Hermes (HRHO.CA), Egypt's largest investment bank, wants to secure 60 percent of its investment banking revenue…
Huge Housing Deal May Signal Gulf Investment Push into Egypt
A $40 billion deal for Dubai firm Arabtec to build one million homes in Egypt may mark the start of…
EFG-Hermes Completes $150 mln Exit from Leading Jeweler Damas
The Private Equity division of EFG Hermes (HRHO.CA), a leading regional private equity investor, completed today…
EFG-Hermes Appoints Finance Industry Veteran as New CFO
Khalid Ellaicy brings more than 27 years of regional industry experience to his new post as Chief Financial Officer…
EFG Hermes Board of Directors Names Karim Awad as Group Co-CEO
Investment banking veteran joins Yasser El-Mallawany as CEO of EFG Hermes Holding S.A.E. EFG-Hermes (HRHO.CA), the…
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…
EFG-Hermes Q3 Profits Surge 38% to EGP116 mln
EFG-Hermes (HRHO.CA), the leading investment bank in the Arab world, reported today its consolidated financial…
EFG-Hermes Targets Gulf Banking Deals As Egypt Falters
EFG-Hermes Holding SAE (HRHO.CA), the Egyptian investment bank whose merger with Qatar’s QInvest LLC collapsed in…
Top MENA Markets Investment Professional to Head EFG-Hermes Asset Management
EFG Hermes (HRHO.CA), the leading investment bank in the Arab world, announced today the appointment of industry…
EFG-Hermes Turns into Loss in Q2 Due to Asset Disposal
EFG Hermes (HRHO.CA), the leading investment bank in the Arab world, maintained a sharp focus throughout the first…
EFG-Hermes Named ‘Best Investment Bank In Egypt’ By Euromoney
EFG-Hermes maintains its position as Egypt's premier investment bank with another year of resilient performance…
EGX 30 Retreats 8.7% In Week On Runoff Uncertain Results
Egyptian exchange main index EGX30 index sunk by 8.76 % this week, representing a retreat of 387.44 points, ending…
EFG-Hermes Raises $462 Mln For Citadel Capital’s ERC Finance
In One of Arab World’s Largest Equity Raisings Since Start of 2011, EFG Hermes Investment Banking (HRHO.CA)…