Egyptian economy to become more competitive among emerging markets: EFG Hermes

Mon, 31 Dec 2018 - 02:50 GMT

EFG Hermes, a leading financial services with over 880 employees in seven countries, said Monday the Egyptian economy is going to be more coherent and competitive among emerging markets in 2019

Hermes: Interest rate likely to decline by 1 to 2% in 2019

Thu, 27 Dec 2018 - 02:34 GMT

The bank might mull a one or two percent cut of interest rate in the second half of 2019, he added.

Business News Wrap-Up

Mon, 28 May 2018 - 05:00 GMT

A wrap-up of the most prominent business news of the day.

Where is best to invest savings?

Wed, 02 May 2018 - 02:07 GMT

EFG Hermes Managing Director said that the best profitable way to invest savings is trough distributing them among different investment sectors.

Hermes EOS opposes election of Volkswagen supervisory board candidates at AGM

Wed, 02 May 2018 - 09:11 GMT

Shareholder adviser Hermes EOS said it had recommended clients vote against the election of two candidates to the supervisory board of carmaker Volkswagen.

Business News Wrap-up

Wed, 28 Mar 2018 - 05:00 GMT

A wrap-up of the most prominent business news of the day.

Business News Wrap-up

Tue, 27 Mar 2018 - 03:46 GMT

A wrap-up of the most prominent business news of the day.

Egypt to be best performer in MENA in 2018: EFG-Hermes

Tue, 06 Mar 2018 - 07:54 GMT

Egypt will have the best economic performance in 2018 among other markets in the Middle East and North Africa region, according to an EFG-Hermes survey.

Hermes concludes 2nd annual Egypt Conference

Wed, 17 Jan 2018 - 11:03 GMT

On Monday, investors of financial institutions attended a meeting with President al-Sisi, CBE Governor and members of the Cabinet’s Economic Group.

39 foreign investors attend 2nd annual Egypt Conference

Mon, 15 Jan 2018 - 05:26 GMT

EFG Hermes’ second annual Egypt Conference will host the international investment community for three days of meetings with top government officials.

Most Valuable Brand is Louis Vuitton

Thu, 28 Sep 2017 - 12:28 GMT

Louis Vuitton is on top of the Interbrand’s Best Global Brands 2017.

Germany limits export guarantees for Turkey trade amid rift

Fri, 22 Sep 2017 - 01:27 GMT

The German government has capped the amount of "Hermes" export guarantees it provides for trade with Turkey at 1.5 billion euros - FM spokesman.

Hermes bags record profitability in first half

Thu, 14 Sep 2017 - 10:54 GMT

Luxury goods maker Hermes's sales achieve a record profitability in the first six months.

EFG Hermes to start factoring services, expand leasing

Tue, 18 Jul 2017 - 02:31 GMT

Egyptian investment bank EFG Hermes will begin offering factoring services before the end of the year as part of a push into non-banking services.

Mubarak sons’ stock market manipulation trial starts

Thu, 20 Apr 2017 - 02:00 GMT

The Cairo Criminal Court held the trial of Gamal and Alaa Mubarak on charges of stock market manipulation, Thursday.