EFG Hermes Holdings SAE (HRHO.CA)
DUBAI, May 17 Saudi shares rose early on Tuesday, lifted by firmer oil prices and news that Saudi Arabia's second-largest telecommunications operator Mobily had secured waivers from all its lenders on breaches of loan agreements.
DUBAI, May 16 Gulf stock markets ended mixed on Monday, with a strong oil price failing to give much of a boost to shares as investors focused on the blow to corporate earnings expected later this year from governments' austerity policies.
CAIRO, May 11 Egypt's EFG-Hermes reported a first-quarter net loss of 63.66 million Egyptian pounds ($7.2 million) from a profit of 181.55 million a year earlier, after taking a non-cash impairment charge on its Credit Libanais stake sale process.
CAIRO, May 11 Egypt's EFG-Hermes reported a net loss of 63.66 million Egyptian pounds ($7.17 million) in the first quarter after a net profit of 181.55 million a year earlier, the firm said in a bourse statement on Wednesday.
CAIRO, May 5 Egypt's EFG-Hermes is planning to increase the investments it manages in renewable energy to 1.5-2 billion euros in the next two years from 730 million currently, said Bakr Abdel-Wahab, its managing director of infrastructure private equity.
CAIRO President Abdel Fattah al-Sisi named 10 new ministers, including the finance and investment portfolios, in a cabinet reshuffle on Wednesday meant to help revive an economy laid low by years of political turmoil and militant violence.
CAIRO, March 23 President Abdel Fattah al-Sisi named 10 new ministers, including the finance and investment portfolios, in a cabinet reshuffle on Wednesday meant to help revive an economy laid low by years of political turmoil and militant violence.
* EFG-Hermes posts 2015 net profit of 649 million Egyptian pounds ($73.09 million) versus 707 million in 2014.
CAIRO, March 17 Egypt's EFG Hermes said in a statement on Thursday its board of directors had approved the sale of a 40 percent stake in Credit Libanais for $33 per share.
DUBAI, March 2 Saudi Arabia's stock market rose in early trade on Wednesday on the back of gains in oil prices, while the acquisition of an investment banking operation in Egypt sparked interest in that sector as a whole, pushing up the Cairo market.
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EFG Hermes Holdings SAE: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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