EFG Hermes Brings Top Regional Companies to the World’s Largest Financial Centers

Published October 20th, 2009 - 10:02 GMT

EFG Hermes, the leading investment bank in the Arab world, is introducing the region’s most important listed companies to institutional investors from across North America and Europe at back-to-back events this week.

In New York, the EFG Hermes and Auerbach Grayson Manhattan MENA Conference will see two days of one-on-one meetings between top North American institutional investors and C-suite executives from 23 of the largest and most interesting companies from seven Arab nations.

The gathering, whose theme is “Drilling for Ideas,” is the largest MENA-focused investment conference to take place in the United States.

The Manhattan MENA Conference begins today and is co-hosted with Auerbach Grayson, a leading securities broker serving the international needs of major US institutional investors. The collaboration of two well-established market leaders promises to bring together high caliber professionals on both sides of the investment spectrum.

“Middle East and North African markets offer some of the world’s strongest investment opportunities,” said Sherif Cararah, EFG-Hermes Securities Brokerage Managing Director. “To identify them, however, you need on-the-ground information and a brokerage partner with the local knowledge and global-standard skills to execute. EFG Hermes is the value-added broker to which institutions turn for their regional trading needs — and the only firm with the reach that allows us to bring two dozen top listed companies to New York.”

EFG Hermes Securities brokerage handles more than USD 400 million in trades each day in five direct and six indirect markets across the Arab world.

Just days after the Manhattan MENA Conference, EFG Hermes will host Egypt’s largest companies in sectors including automotive, construction, financial services, real estate and telecom at its Second Annual Egypt Capital Markets Day at the London Stock Exchange on 23 October. Egyptian Minister of Investment Mahmoud Mohieldin and Egyptian Exchange Chairman Maged Shawky will both deliver speeches at the two-day event, which will include 12 presenting companies. 

The companies will join LSE Chief Executive Xavier Rolet for market opening. Rolet will also deliver a welcoming address after the opening bell.

“This kind of access to top management of Arab companies is essential before investors abroad effectively allocate capital to local markets. And for leading regional companies, these conferences provide an unparalleled opportunity to interact with institutional fund managers and directly lay out the compelling opportunities in local industries and markets,” Cararah noted. 

“Egyptian equities have been among the best performing in the Middle East,” Cararah added. “It has emerged as a robust destination for international capital and we are bringing companies from some of the most promising sectors to present their strategies, raise international funds and reach a diverse and deep investor base.”

The New York and London events are part of EFG Hermes’ ongoing program of matching global investors with compelling regional opportunities. The firm recently hosted capital markets days at the London Stock Exchange for MENA financial firms as well as for listed Saudi Arabian companies.

In addition to its flagship One-on-One Conference held each March in the leading Egyptian conference destination of Sharm El-Sheikh, EFG Hermes organizes a regular MENA Tour as well as special site visits with top regional companies. The firm’s research division was recently named Euromoney magazine’s top provider of high-quality independent research for the third year in a row.


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