EFG-Hermes Holding Company
EFG-Hermes is an investment bank in the Middle East and North Africa (MENA) region and specializes in securities brokerage, asset management, investment banking, private equity and research. It serves a range of clients including governments, corporations, financial institutions, high net worth individuals and retail customers. EFG-Hermes is listed on the Egyptian Exchange (EGX) and London (LSE) stock exchanges. EFG-Hermes has offices in Egypt, the United Arab Emirates (UAE), the Kingdom of Saudi Arabia (KSA), Qatar, Oman, Kuwait and Lebanon with over 850 people from 30 nationalities. They serve clients from including the Middle East, North Africa, Europe and the United States.
In FY 2007, its market capitalization exceeded USD 4.6 billion, shareholder's equity was USD 1.7 billion and net profit grew by 89% to USD 232 million. EFG-Hermes is the largest shareholder in Bank Audi, one of the region’s leading banks, with a stake exceeding 28%.
Read more about EFG-Hermes Holding Company: History, Strategy
Famous quotes containing the words holding and/or company:
“An inquiry about the attitude towards the release of so-called political prisoners. I should be very sorry to see the United States holding anyone in confinement on account of any opinion that that person might hold. It is a fundamental tenet of our institutions that people have a right to believe what they want to believe and hold such opinions as they want to hold without having to answer to anyone for their private opinion.”
—Calvin Coolidge (1872–1933)
“I have noticed that doctors who fail in the practice of medicine have a tendency to seek one another’s company and aid in consultation. A doctor who cannot take out your appendix properly will recommend you to a doctor who will be unable to remove your tonsils with success.”
—Ernest Hemingway (1899–1961)