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EFG Hermes

EFG Hermes latest

Sixty percent of fund mangers said they would decrease their investments in Saudi Arabia, displaying bearishness that has carried over from last month.
August 29th, 2019 - 10:17 GMT

Saudi Stocks Plummet as Funds Turn Bearish

Saudi Arabia's stock market fell sharply on Wednesday with all its banking shares dropping as receding fund inflows dampened investor appetite on a day when second phase of Saudi stocks joined the MSCI emerging markets index. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-3…","video_id":"332b5940-4475-4223-8145-3ae1440e586c","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 countries in the world to visit"} EFG Hermes said in a note on Wednesday the investment case for Saudi banks is no longer 'compelling' in their view on the backdrop of receding ...
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Heikal made his comment while discussing a government scheme to use coal in cement factories in order to reduce subsidies, despite criticism from campaigners and the environment ministry
April 7th, 2014 - 02:55 GMT

Sawiris, Heikal get worked up over Egypt's energy subsidies - on twitter

With 93 million subscribers, Mobile phone penetration rate in the Egyptian market stands at around 116 percent (Photo credit: Reuters)
September 12th, 2013 - 12:31 GMT

Is Egypt's telecommunications sector headed towards a showdown?

The resilience of Egypt's stock market shows how the Gulf aid has kept hopes for the economy ali
August 20th, 2013 - 11:35 GMT

Gulf money: the Egyptian economy's life support

The exchange is preparing for more enhancements and new packages to transform further DFM services online
June 19th, 2013 - 05:00 GMT

Share trading on smartphones gains momentum

Egyptian's long-running IMF saga continues to rumble on
April 24th, 2013 - 12:19 GMT

Egypt's IMF saga rumbles on

Inflation in Egypt jumped in February, new statistics show
March 10th, 2013 - 12:18 GMT

Inflation jumps in Egypt

Lebanon
February 21st, 2012 - 07:42 GMT

Lebanese economy to grow by 3 percent in 2012

Al Bawaba
December 2nd, 2010 - 02:03 GMT

BNY Mellon Vice Chairman James Palermo Visits Cairo

Al Bawaba
July 15th, 2010 - 08:16 GMT

Fidessa Clients Trading on NASDAQ Dubai’s DFM Platform from Go-Live

Al Bawaba
May 23rd, 2010 - 09:11 GMT

University of Dubai team wins the prestigious DIFC Globe for its report on DP World!

Al Bawaba
May 3rd, 2010 - 09:56 GMT

American University of Sharjah wins CFA Emirates inaugural UAE National Investment Research Challenge

Al Bawaba
December 20th, 2009 - 11:55 GMT

Fidessa and Mubasher Financial Services partner to offer DMA into GCC and extended Middle Eastern markets

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