Latest EFG-Hermes News



Damac's Q3 profits down 20% as cost of sales soar
The National (blog)
The figure came in below an estimate of Dh780m from EFG-Hermes. Damac's revenue rose by 30 per cent to Dh2.29 billion for the quarter, coming in ahead of EFG's estimate of Dh1.8bn, helped by a surge in international sales to nearly Dh1bn from Dh20m in ...

10/18/2017 07:59 AM


MIDEAST STOCKS-Profits at Dubai real estate firms drop
Kitco News
But the loss was still larger than the 12 million riyal loss forecast by EFG Hermes, and revenue sank 41 percent. Asian stock markets are barely changed, while Brent crude oil has firmed 43 U.S. cents to $58.30 per barrel. (Reporting by Andrew Torchia).

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10/18/2017 06:56 AM


Saudi Arabia Q3 earnings estimates (1)
Times of India
Oct 18 - ABDULLAH ABDUL MOHSIN AL KHODARI SONS CO. - Following is a third-quarter net profit estimate for Abdullah Abdul Mohsin Al Khodari Sons Co. in millions of riyals. Q3 2017 EFG Hermes -12 ...
TABLE-Saudi Arabia Q3 earnings estimates (3)Reuters Africa

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10/18/2017 05:15 AM


Oman Q3 earnings estimates
Times of India
AL ANWAR CERAMICS TILES COMPANY - Following are third-quarter net profit estimates for Al Anwar Ceramics Tiles Company in millions of rials. Q3 2017 EFG Hermes 0.44 Gulf Baader Capital Markets 0.45 ...

10/18/2017 05:10 AM


NDTV

MIDEAST STOCKS-Gulf mixed, insurers help Saudi Arabia
Business Insider
It reported a 6.5 percent increase in net profit to 542 million riyals ($149 million); EFG Hermes had forecast 502 million riyals and QNB Financial Services, 508 million riyals. Qatar National Bank fell 0.5 percent, ending a six-day winning streak ...
MIDEAST STOCKS-Gulf flat to lower in early trade, Saudi banks hold upKitco News

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10/17/2017 05:35 PM


The National (blog)

Margin trading makes a comeback on Dubai bourse
The National (blog)
Gross buying of shares on margin – where investors borrow money from brokers to buy stocks – last week rose 145 per cent week-on-week to US$224 million on the Dubai Financial Market (DFM), according to investment bank EFG-Hermes. This marked the ...

10/16/2017 05:37 PM