Latest EFG-Hermes News


Admirers Grow for Biggest Saudi Bank on Index-Addition Bet ...
Saudi Arabia's largest lender has become a favorite among equity analysts and investors as its business improves and the potentially lucrative inclusion in an ...

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08/22/2017 05:46 AM

MIDEAST STOCKS-Gulf may have firm tone, SABIC could rise on buyout of Shell JV
"We believe Kuwait returns could be stronger as it is the least anticipated of the two, and we are overweight on Kuwait and underweight on Saudi Arabia," said a note by EFG Hermes published earlier this month. Kuwait's index is up almost 20 percent ...

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08/17/2017 07:01 AM

Daily News Egypt

EFG Hermes reports increase in net profits in Q2, H1 2017
Daily News Egypt
EFG Hermes, one of the leading financial services corporation in the Middle East and North Africa (MENA) region, reported on Tuesday that it has been able to achieve strong results during the second quarter (Q2) and the first half (H1) of 2017. These ...

08/15/2017 03:25 PM

EFG Hermes reports buoyant eight-fold increase in group net profit in Q2 2017
CPI Financial
EFG Hermes, reported very strong results for the second quarter and first half of 2017 despite slower market activity in the second quarter during the Holy Month of Ramadan and the subsequent feast.

08/15/2017 08:47 AM

Dubai Q2 earnings estimates
Times of India
AIR ARABIA - Following are second-quarter net profit estimates for Air Arabia in millions of dirhams. Q2 2017 %change EFG Hermes 95.89 -24.14% SICO Bahrain 96.34 -23.79% Air Arabia reported a net profit of 126.42 million dirhams in the second quarter ...

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08/13/2017 07:01 AM

The National

EFG-Hermes says "good chance" that Saudi Arabia and Kuwait will be upgraded to emerging market status by FTSE
The National
... Saudi Arabia and Kuwait will both be upgraded to emerging market status by the index provider FTSE as early as September because of reforms undertaken in both countries by market regulators, according to the Egyptian investment bank EFG-Hermes.

08/07/2017 01:36 PM