EFG Hermes, a subsidiary of EFG Holding and the premier investment bank in the MENA region, in partnership with the Dubai Financial Market (DFM), proudly launched the 18th Annual EFG Hermes One-on-One Conference on 4 March 2024. This landmark event, renowned as the largest global investment forum focusing on MENA, is hosted at the JW Marriott Hotel Marina until 7 March 2024. Despite intense competition, EFG Hermes has solidified its position as the region’s top investment bank, commanding substantial market shares in Egypt, Saudi Arabia, the UAE, and Kuwait. aiBANK, acquired in 2021, has achieved a 20% return on equity in its second operational year under EFG Hermes’ stewardship. Although a global financial crisis may not be imminent, we are witnessing a development crisis with isolated issues cropping up in various locations.

Source: Daily News Egypt March 06, 2024 08:11 UTC